2025.04. 13 微信编辑 | 小羊 推荐阅读 时隔7日，小米SU7再现交通事故！ 据俄罗斯卫星社网站4月13日报道，美国总统特使理查德·格雷内尔表示，特朗普认为与中国进行谈 判，从而找到摆脱贸易对峙局面的出路至关重要。 据报道，格雷内尔在福克斯新闻频道的节目中说，特朗普是 "谈判大师，但要谈判就必须对话"。此 外，格雷内尔坚信，特朗普"相信和平协议"。他在节目中说："我们刚刚摆脱了（前总统）拜登三年 多不与（俄罗斯领导人）普京对话的局面。" 特朗普此前签署了关于对从其他国家进口商品征收所谓"对等关税"的行政令，并多次提高税率。 针对美国所谓"对等关税"，中国陆续发布多项反制措施。4月11日，中国国务院关税税则委员会发布 公告称，自4月12日起，对原产于美国的进口商品加征关税税率由84%提高至125%。并指出，鉴于在 目前关税水平下，美国输华商品已无市场接受可能性，如果美方后续对中国输美商品继续加征关税， 中方将不予理会。 对于美加征关税问题，中国外交部发言人表示，关税战、贸易战没有赢家，中方不愿打，但也不怕 打。如果美方真的想通过对话谈判解决问题，就应该停止极限施压、胡作非为。任何对话都必须建立 在平 ...

这些电话，传递了两个信号：1、中国正在团结维护国际贸易公平正义的力量。美国掀起了单边的贸 易战，中国要做的，就是团结一切能团结的力量，不只是东盟，不只是欧盟。2、舆论场也有个别声 音在担忧，认为如果其他国家都和美国达成了协议，那中国怎么办？中方的态度很明确，其他国家不 管是反制美国还是和美国谈判，都是各国的主权事务，中方没有任何意见。但如果谁拿着中国的利益 去给美国当投名状，中国绝不答应！ 据"玉渊谭天"微博消息，这几天，商务部部长王文涛密集与各方沟通。这些沟通中，都谈了应对美国 所谓"对等"关税。接下来，中方还会同更多国家一道，就应对美加征所谓"对等"关税进行沟通，加强 合作。 ...

Group 1 - The core viewpoint of the articles revolves around the implications of Trump's tariff policies, which are seen as a double-edged sword that may exacerbate existing economic issues in the U.S. rather than resolve them [1][3][10] - Trump's "reciprocal tariffs" are intended as a tool for "America First," but the fundamental economic principles remain unchanged, leading to potential negative consequences for the U.S. economy [2][4] - The agricultural and manufacturing sectors in the U.S. are particularly affected, facing rising costs and decreased competitiveness due to the tariffs [2][4] Group 2 - There is significant internal dissent within the U.S. regarding Trump's tariff policies, with even members of his cabinet expressing doubts and considering resignation [4][6] - The tariffs impose an invisible tax burden on American consumers, who end up paying higher prices for everyday goods, contradicting the intended protective measures for American citizens [4][6] - Protests against the tariff policies have erupted across the U.S., indicating widespread public dissatisfaction and unrest [6] Group 3 - Trump's approach to trade negotiations, including the intention to isolate China, reflects a strategy of power politics that may undermine America's international standing and alienate allies [7][12] - China's response emphasizes respect, dialogue, and cooperation as effective means to resolve differences, countering Trump's aggressive tactics [9][12] - The ongoing trade conflict is characterized as a test of economic strength, strategic wisdom, and political endurance, with uncertain outcomes for both the U.S. and China [10][12]

Investment Rating - The report maintains a "Buy" recommendation for several steel companies, including Baosteel, Hualing Steel, and Nanjing Steel, among others [3][4]. Core Insights - The ongoing escalation of "reciprocal tariffs" has led to a divergence in demand for construction materials and steel plates, with a notable impact on export demand for plates [3][4]. - Domestic steel prices have decreased, with significant drops in various categories, including rebar and cold-rolled steel [8][9]. - The overall steel production has seen a slight decline, with total output for major steel varieties at 8.71 million tons, a decrease of 1.46 million tons week-on-week [2][3]. Price Trends - As of April 11, 2025, the price of 20mm HRB400 rebar in Shanghai is 3,170 CNY/ton, down 50 CNY/ton from the previous week [8][9]. - The prices for hot-rolled and cold-rolled steel have also seen declines, with hot-rolled at 3,330 CNY/ton (down 40 CNY) and cold-rolled at 3,910 CNY/ton (down 100 CNY) [8][9]. Production and Inventory - The production of rebar increased by 3.72 million tons to 2.32 million tons this week, while total inventory decreased by 388,300 tons to 11.76 million tons [2][3]. - The social inventory of rebar decreased by 278,500 tons, while factory inventory increased by 72,500 tons [2][3]. Investment Recommendations - The report suggests focusing on the following companies: 1. Baosteel, Hualing Steel, Nanjing Steel in the general steel sector 2. CITIC Special Steel, Yongjin Co., and Xianglou New Materials in the special steel sector 3. Jiuli Special Materials, Wujin Stainless Steel, and Youfa Group in the pipe materials sector [3][4]. - It also recommends paying attention to high-temperature alloy stocks, specifically Fushun Special Steel [3]. Profitability Analysis - The report indicates a decrease in long-process steel profits, with rebar, hot-rolled, and cold-rolled margins down by 19 CNY/ton, 41 CNY/ton, and 38 CNY/ton respectively [1][3]. - Short-process electric furnace steel profits have seen a slight increase [1][3]. International Market Overview - The U.S. steel market prices have remained stable, with hot-rolled coil prices at 1,040 USD/ton and cold-rolled at 1,270 USD/ton [21][23]. - European steel prices have increased, with hot-rolled prices at 715 USD/ton, up 25 USD from the previous week [21][23]. Raw Material Market - Domestic iron ore prices have shown a mixed trend, with some prices declining, such as Brazilian powder at 850 CNY/ton, down 35 CNY [26][27]. - Scrap steel prices have also decreased, with a current price of 2,030 CNY/ton, down 60 CNY from last week [26][27].

Group 1 - The U.S. has announced that certain goods will be exempt from "reciprocal tariffs" [1] - The State Council Tariff Commission stated that further increases in tariffs by the U.S. could become a joke in the history of the world economy [1] - The Ministry of Industry and Information Technology released the first batch of China's consumer brand list [1] Group 2 - The central bank and four other departments emphasized the need to fully utilize the bond market's financing capabilities to enhance the insurance protection level for the sports industry [1]

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容来自综合，谢谢。 据报道，美国海关与边境保护局（CBP）11日悄然发布了更新税则，豁免了包含自动数据处理 器、电脑、通信设备、显示器与模组、半导体相关等类别商品的进口税率，不受"对等关税"影响。 报道称，部分商品若符合美国《协调关税税则》中所列明的分类号码，将可获得"对等关税"豁免。 这些商品包括电脑与周边设备、半导体制造设备、通信设备、存储设备、显示模组、半导体器件与 集成电路等。 报道称，本次关税豁免适用于所有受特朗普"对等关税"影响的国家。 特朗普最近声称，他们以100%的关税"威胁"台积电，迫使其在美国扩张。尽管这家台湾巨头对美 国的承诺看似意义重大，但新的贸易政策进一步加剧了人们对现任政府意图的不确定性。供应链正 被拖入地缘政治紧张局势，最终普通消费者将不得不为成本上涨买单。 END 半导体精品公众号推荐 ▲点击上方名片即可关注 专注半导体领域更多原创内容 ▲点击上方名片即可关注 关注全球半导体产业动向与趋势 *免责声明：本文由作者原创。文章内容系作者个人观点，半导体行业观察转载仅为了传达一种不同的观点，不代表半导体行 业观察对该观点赞同或支持，如 ...

Group 1 - The U.S. government's imposition of tariffs is creating significant uncertainty and instability in global trade, leading to chaos both internationally and domestically [3] - The U.S. Customs system experienced a failure lasting over 10 hours, causing confusion among importers regarding the implementation of new tariffs, further exacerbating concerns about the U.S. Customs' ability to enforce tariff policies [3] - A 22-page product exemption list was published by the White House, introducing a principle that products with at least 20% U.S. content would not incur additional tariffs, only non-U.S. components would be subject to equivalent tariffs [3] Group 2 - The U.S. Federal Reserve is attempting to stabilize market sentiment amid volatility, with predictions of a "chaotic" U.S. Treasury market prompting potential intervention [5] - Analysts indicate that the U.S. "equivalent tariff" policy is likely to have significant short-term impacts, increasing market volatility and recession risks, despite recent signs of stabilization in U.S. stocks [5] Group 3 - The Brazilian government is taking measures to counter unilateral trade barriers imposed by other countries, as indicated by the signing of the "Commercial Reciprocity Law" by President Lula [24] - Major multinational automotive companies are responding to the new U.S. tariffs by implementing various short-term strategies, including price increases and production adjustments [27] Group 4 - The gold price has reached a historical high due to rising demand for safe-haven assets amid ongoing market panic, with domestic gold jewelry prices also climbing to record levels [30] - A coalition of nine commodity industry associations in China has issued a statement opposing U.S. trade protectionism and supporting the government's measures to protect national interests [30]

当地时间4月11日深夜，美国海关与边境保护局发布公告称，智能手机、路由器以及部分电脑和笔记本 等产品将不再被纳入此前针对中国进口商品实施的125%所谓"对等关税"范围内。根据最新政策，若符 合美国《协调关税税则》中所列明的分类号码的产品，将可获得"对等关税"豁免，其中包括智能手机、 路由器、部分计算机设备及电子零部件等关键技术产品。#美悄然宣布对部分产品免征关税#美国海关与 边境保护局称，进口商应在申报相关商品时申报豁免资格。对于已于4月5日后通关或提货的商品，企业 需在货物放行后10日内完成相关申报更正。未结算条目可申请事后汇总更正，已结算但仍在抗议期内的 条目亦可申请退款。目前尚不清楚这些产品是否仍将适用不属于"对等关税"框架的20%税率。美国国际 贸易委员会尚未就相关询问作出回应，白宫方面也未立即置评。(CCTV国际时讯) ...

2025.04. 12 本文字数：280，阅读时长大约1分钟 来源 | 参考消息 据台湾"中时新闻网"4月12日报道，美国海关与边境保护局（CBP）11日悄然发布了更新税则，豁免 了包含自动数据处理器、电脑、通信设备、显示器与模组、半导体相关等类别商品的进口税率，不 受"对等关税"影响。 报道称，部分商品若符合美国《协调关税税则》中所列明的分类号码，将可获得"对等关税"豁免。这 些商品包括电脑与周边设备、半导体制造设备、通信设备、存储设备、显示模组、半导体器件与集成 电路等。 报道称，本次关税豁免适用于所有受特朗普"对等关税"影响的国家。 微信编辑 | 格蕾丝 推荐阅读 新修订《婚姻登记条例》自5月10日起施行 FS 下 ...

4月11日，商务部部长王文涛与世贸组织总干事伊维拉视频通话，双方围绕应对美加征所谓"对等关 税"、维护多边贸易体制、发挥世贸组织作用等问题进行交流。 王文涛表示，美国不断出台关税措施，给全球带来巨大的不确定性和不稳定性，引发国际社会和美国国 内的混乱局面。美方凭空炮制"对等关税"，是典型的单边霸凌做法。美"对等关税"将给发展中国家特别 是最不发达国家带来巨大伤害，甚至引发人道主义危机。 金砖成员高度关注美"对等关税"对多边贸易体制构成严重冲击。多个成员指出"对等关税"严重违反世贸 组织规则，是单边主义、保护主义行为，将严重影响全球经济增长，损害广大发展中国家利益。金砖国 家应加强团结，就此向世界发出共同声音。各方将继续在经贸渠道就应对美"对等关税"问题深入交换意 见，加强立场协调，坚守和维护以规则为基础的多边贸易体制，共同应对当前全球贸易紧张局势。 会上，各方还围绕制定《金砖国家经济伙伴战略2030》、数据经济合作、维护多边贸易体制等议题进行 讨论，为5月金砖国家经贸部长会议和7月金砖国家领导人会晤做好经贸成果准备。 王文涛部长与金砖国家轮值主席国巴西副总统兼发展、工业、贸易和服务部部长阿尔克明视频通话 4月 ...