Market Overview - The U.S. stock market showed mixed results with the Dow Jones falling by 302.30 points (0.62%) to 48114.26, while the Nasdaq rose by 54.05 points (0.23%) to 23111.46 [1] - The S&P 500 index decreased by 16.25 points (0.24%) to 6800.26 [1] - In the European market, major indices such as Germany's DAX30 and the UK's FTSE 100 also experienced declines of 0.78% and 0.69% respectively [2] Employment Data - The U.S. added 64,000 jobs in November, recovering from a loss of 105,000 jobs in October [6] - The unemployment rate rose to 4.6%, the highest since 2021, up from 4.4% in September [6] Retail Sales - U.S. retail sales remained flat in October, with a 1.6% decline in auto sales impacting overall performance [7] - Excluding auto dealers and gas stations, sales increased by 0.5%, indicating some growth in other retail categories [7] Federal Reserve Insights - The potential candidates for the Federal Reserve chair position include current Fed Governor Waller and former Fed Governor Walsh, with Waller being favored for his clear arguments for rate cuts [8][9] - The outgoing Atlanta Fed President Bostic emphasized the need for continued focus on inflation, predicting it will remain above 2.5% through 2026 [9] Cryptocurrency Market - Bitcoin increased by 1.4% to $87,637.9, while Ethereum decreased by 0.6% to $2,948 [4] Commodity Prices - Spot gold fell by 0.07% to $4,302.46, while crude oil prices dropped significantly, with WTI down by $1.55 (2.73%) to $55.27 per barrel [5] Company News - Goldman Sachs is restructuring parts of its technology investment banking division to focus on AI infrastructure [13] - Morgan Stanley predicts that Tesla's Robotaxi fleet could expand to 1,000 vehicles by 2026, driven by advancements in technology and regulatory milestones [13]

中国开始行动了。 据商务部12月16日发布公告，根据《中华人民共和国反倾销条例》的规定，12月17日起对原产于欧盟的进口相关猪肉及猪副产品征收反倾销税。 2024年6月，中国畜牧业协会反映情况后，商务部就启动了调查，中间经过了初步裁定、开听证会、去企业实地核查等多个环节，充分听取了各方意见， 最终的决定既符合中国自己的《反倾销条例》，也遵守世界贸易组织的规则。 中国开始征收反倾销税 要知道，中国是全世界最大的猪肉生产国和消费国，这些年欧盟为了卖掉自己多余的猪肉，一直用远低于合理价格的方式往中国卖，导致国内养猪户、屠 宰场赚不到钱，甚至经营困难，大家都盼着能保护国内产业。这次征税覆盖了鲜猪肉、冻猪肉、猪内脏等产品，精准针对 "低价倾销" 这个问题，说白了 就是 "你不按规矩来，我就用规矩反击"。 欧盟对华反倾销的长期实践 近段时间，欧盟针对中国发起或作出裁断的反倾销调查十分密集，覆盖金属制品、智能设备、化工、木材等多个领域，部分还包含反补贴等关联调查。 众所周知，中国在光伏、新能源相关产品等领域已实现全球领跑，比如光伏玻璃曾让欧盟裁定过高达 112% 的倾销幅度，这种领先态势让欧盟感到焦虑。 欧盟希望借助反倾销 ...

Core Viewpoint - Mexico's recent proposal to increase import tariffs on products from countries without free trade agreements, including China, is seen as a short-term solution to economic pressures, potentially sacrificing long-term economic stability for immediate benefits [1][2][4]. Group 1: Economic Context - Mexico's economy is under increasing pressure, with the growth forecast for 2025 being revised down from positive to negative, and the central bank lowering the annual growth expectation from 0.6% to 0.3% [2]. - The proposed tariff increases are expected to generate an additional revenue of 70 billion pesos (approximately 3.76 billion USD) for the national treasury, addressing a fiscal deficit projected to reach 5.7% of GDP in 2024, the highest in decades [2]. Group 2: Tariff Details - The new tariffs will apply to approximately 1,400 product categories, including automobiles, toys, steel, textiles, and plastic products, with rates ranging from 10% to 50%, effective January 1, 2026 [1]. - Some adjustments were made to the initial proposal, reducing tariffs on certain automotive parts, light industrial products, and textiles, but the overall impact is expected to harm trade relations, particularly with China [1]. Group 3: Domestic Reactions - The proposal has sparked significant debate within Mexico, with supporters arguing it addresses unfair competition and reliance on imports, while opponents warn that increased tariffs will raise production costs and ultimately burden consumers [2][3]. Group 4: Long-term Implications - The reliance on tariffs as a solution is criticized for failing to address underlying economic issues, as Mexico's manufacturing sector is heavily dependent on global supply chains, which could be disrupted by increased costs [3][4]. - The shift in trade policy may deter foreign investment, undermining Mexico's image as a reliable production base and creating uncertainty for international capital [3][4]. - The approach of using protectionist measures to solve problems in an open economy may lead to Mexico's economic isolation, especially in the context of global supply chain restructuring [4].

Core Viewpoint - Mexico's recent proposal to increase import tariffs on products from countries without free trade agreements, including China, is seen as a short-term solution to economic pressures, potentially sacrificing long-term economic stability for immediate benefits [1][4]. Group 1: Economic Context - Mexico's economy is under increasing pressure, with the growth forecast for Q3 2025 turning negative and the central bank lowering the annual growth expectation from 0.6% to 0.3% [2]. - The proposed tax increase is expected to generate an additional revenue of 700 billion pesos (approximately 37.6 billion USD) for the government, addressing a fiscal deficit projected to reach 5.7% of GDP in 2024, the highest in decades [2]. Group 2: Domestic Reactions - The proposal has sparked significant debate within Mexico, with supporters arguing it addresses unfair competition and reliance on imports, while opponents warn that increased tariffs will raise production costs and ultimately burden consumers [2][3]. Group 3: Supply Chain and Investment Risks - The reliance of Mexico's manufacturing sector on global supply chains means that increased tariffs could heighten the risk of supply chain disruptions, particularly given the limited domestic production capacity [3]. - The sudden shift in trade policy may deter foreign investment, undermining Mexico's image as a reliable production base and creating uncertainty for international capital [3][4]. Group 4: Long-term Implications - The protectionist measures are unlikely to enhance industrial competitiveness and may instead squeeze small and medium-sized enterprises due to rising raw material costs [4]. - Historical precedents indicate that short-term fiscal gains from tariffs may not compensate for long-term economic losses, as seen when Mexico had to retract tariffs on aluminum due to domestic production shortages shortly after their implementation [4].

Group 1 - China's trade surplus reached $1.076 trillion in the first 11 months of the year, exceeding last year's total [1] - Exports totaled $3.41 trillion, a year-on-year increase of 6.2%, indicating strong performance despite a sluggish global economy [4] - The composition of exports has shifted from traditional goods to high-tech products, with new categories like electric vehicles and lithium batteries growing by 30% [8][10] Group 2 - Imports of bulk commodities increased in volume, but prices fell, leading to a modest increase in total import value [10] - The total import value increased by only 830 billion RMB compared to the previous year, highlighting that the surplus is primarily driven by exports [12] - The increase in trade surplus has bolstered foreign exchange reserves, which now exceed $3.2 trillion, enhancing the country's economic resilience [12][14] Group 3 - The trade surplus has contributed to GDP growth, helping to stabilize the annual growth target of around 5% [14] - The appreciation of the RMB has made studying abroad and travel cheaper, with tuition fees for top U.S. universities decreasing by approximately 2,800 RMB [15] - However, the high trade surplus has led to concerns from Western countries about unfair trade practices, potentially resulting in trade barriers [17] Group 4 - Traditional export businesses are facing challenges due to RMB appreciation, which reduces their profit margins [20] - The shift towards high-end products may lead to job losses in traditional manufacturing sectors, as fewer workers are needed to produce higher-value goods [22] - The slow growth in imports suggests that domestic consumption and investment demand are not fully recovering, indicating an over-reliance on exports [24][26]

表面看，这像是欧盟在对华贸易里吃了亏，实际背后却是中国制造业效率和规模的自然扩张。 欧盟商会嘴上承认中国是"全球唯一的制造业超级大国"，可又把供应链多元化说成是被中国逼出来的无奈 之举。 欧盟企业最近的焦虑情绪，已经被中国欧盟商会主席那句"欧洲企业甚至无法在不使用中国原料的情况下 生产牙膏"点燃了。 这不是一句普通的抱怨，而是赤裸裸地把欧盟产业的战略焦虑摆在了台面上。 12月10日那份《供应链依赖的选择与挑战》报告一出，欧盟对华政策的转向立刻有了"合理化"理由，矛头 直指中国的自力更生战略。 说白了，这其实是欧洲在为自己即将到来的产业保护措施找台阶下。 报告里甩出的数据挺扎眼。 2019年，中欧集装箱贸易量的比例还停留在1:2.7，到了今年，已经涨到1:4了。 正因为这样，欧盟商会才不得不加大舆论攻势，拼命把"中国威胁"挂在嘴边，想用外部压力来弥合内部的 分歧。 逻辑转得太快，明眼人都能看出，这种自相矛盾的说辞，就是在给贸易保护披上一层"受害者"的外衣。 稀土出口管制被报告反复渲染成"危机导火索"，但只要翻翻数据，真相就藏不住了。 中国今年前11个月对欧盟的出口还涨了近15%，对澳大利亚更是飙升了35%。 这 ...

今年是中欧建交50周年，但欧盟在这一特殊时刻，却频繁采取伤害中欧友好关系的举动。例如，欧盟不仅对中国新能源汽车征收临时性反补贴税，还限制进 口中国医疗器械，并在G7集团峰会上联合美国，提出所谓的中国稀土威胁论。虽然中方一直将欧盟视为友好的合作伙伴，但欧盟的这一系列行为却严重影 响了中欧关系的发展。 商务部宣布，从12月1日起，对欧盟所有成员国出口到中国的不锈钢产品加征43%的反倾销税，且此项措施将持续五年。这次加税是中方对欧盟的一次警 告，同时也是向世界传递中国反制贸易保护主义的决心。那么，为什么中国要针对欧盟钢铁行业加征关税呢？ | English Francais | 首页 > 政务公司 > 政策发布 | | --- | --- | | Русский Español | | | Deutsch | 2025-06-30 15:45 来源:贸易救济局 类型:原创 | | 无障碍浏览 | | | 首 页 | 商务部公告2025年第33号 公布对原产于欧盟、 車 | | 唱 机构设置 | 国、韩国和印度后可以的进口不锈钢钢坯和不锈钢 | | 目 新闻发布 | 热轧板/卷所适用反倾销措施的期终复审裁定 | | ...

墨西哥近日作出了决定，计划采取类似美国的手段来对付中国。对此，中国外交部进行了强硬回应。那 么，墨西哥为何选择在此时推出针对中国及其他亚洲国家的高关税政策？中国的反应背后，又透露了怎 样的立场呢？ 当地时间12月10日，墨西哥参议院和众议院紧急审议并通过了新的进出口关税法案。从 法案的内容来看，墨西哥计划从2026年1月1日起，对未与墨西哥签署贸易协定的国家商品征收5%至 50%的关税，这其中包括中国、韩国、印度、泰国、印尼等多个主要亚洲经济体。更引人注目的是，墨 西哥对那些对其本土制造业冲击较大的中国出口商品，如汽车与汽车零部件、纺织服装、钢铁、塑胶 等，设置了最高的税率区间。 根据墨西哥财政部的解释，这一措施旨在保护本土产业、改善贸易平衡、减少对亚洲进口依赖。然而， 法案经过修改达到750处，涉及超过1400项商品，政策的广泛性显然不仅限于产业保护的范畴。很多墨 西哥本土企业、行业协会，甚至外资车企在墨的销售网络都对这一决定表示了担忧，甚至感到震惊。因 为一旦这些高关税措施落地，墨西哥国内许多现有的产业链将受到严重影响，汽车、家电、纺织等领域 的市场价格可能会大幅上涨。 真正引发外界关注的，是墨西哥政府官 ...

前言 大家好，我是言叔。最近北美经贸圈出了件挺有意思的事，墨西哥国会像打了鸡血似的，火速通过了一 项关税法案。 从2026年1月1日起，要对中国、韩国等多个亚洲国家的商品加征关税，最高能到50%。 这事儿让人摸不着头脑的是，隔壁美国刚因为乱加关税把自家消费者坑得叫苦连天，墨西哥这时候凑什 么热闹？ 是真要学美国"保护本土产业"，还是另有隐情？ 墨西哥也要加关税？ 这场关税大戏的开场要追溯到今年9月，墨西哥总统辛鲍姆抛出了这份关税提案。 谁也没想到，才过了三个月，到12月10日就完成了参众两院的表决，速度快得像搞"闪电战"。 众议院投票只用了2小时就搞定，281票赞成对24票反对，优势悬殊。 参议院更夸张，76票赞成、5票反对、35票弃权，几乎是一边倒的态势。 能让国会这么齐心，这提案背后肯定有不少故事。 仔细看这份法案的内容，覆盖范围相当广，足足1463个产品分类、17个行业，汽车及零部件、纺织服 装、塑胶制品这些"硬通货"全在列。 更有意思的是它搞了"阶梯式征税"，原材料收10%—15%，半成品20%—35%，成品直接飙到35%— 50%，轻型汽车更是顶格收50%。 这么大费周章搞关税，墨西哥官方说法是"强 ...

哈喽，大家好，今天小墨这篇评论，主要来分析美国盟友加拿大转头示好中国，特朗普怒停贸易谈判的 大瓜。 曾经紧跟美国步伐、动辄对中国发难的加拿大，如今突然调转方向，高调将中国称为"战略伙伴"。这波 操作直接惹恼了美国，特朗普二话不说终止与加拿大的所有贸易谈判，国际局势瞬间变得热闹起来。 要知道，加拿大和美国向来是公认的亲密盟友，加拿大近七成出口商品都销往美国，2024年对美出口额 更是超过4000亿美元。可谁能想到，这份"铁关系"如今却因为中国出现了巨大裂痕。 一、盟友变"对手"，美国关税大棒砸向加拿大 加拿大曾经一门心思依附美国，在贸易政策上几乎全盘追随。但2025年以来，特朗普政府的"美国优 先"政策让加拿大吃尽了苦头。 加拿大曾试图妥协，取消了多项对美报复性关税，希望换回美国的善意，可换来的却是更严厉的关税打 压。曾经的"忠实盟友"，在利益面前变成了可以随意拿捏的对象，这让加拿大彻底看清了现实。 2025年2月，特朗普突然对加拿大所有进口商品加征25%关税，随后又加码到35%，直接击中加拿大经 济要害。 更让人震惊的是，特朗普还公开放话，威胁要"吞并加拿大，使其成为美国第51个州"，这番言论彻底激 怒了加拿 ...