美国关税政策再度传来新变数。 据CNN消息，当地时间5月18日，美国财政部长贝森特发出严厉警告称，若各国不"本着诚意谈判"，美国将恢复4月2日宣布的最高关税水平。 图源：CNN 侵删 贝森特表示，鉴于90天的关税暂缓期即将结束，美国将与18个"重要"的贸易伙伴达成协议。至于其余国家和地区，将可能以大区域划分统一征税。 据报道，各国将收到信函，明确说明如果不认真谈判将面临的最高关税率。但没有透露关税何时会恢复到"对等"税率。 此前，5月16日，美国总统特朗普曾表示，未来两到三周内，美国可能会单方面对许多贸易伙伴设定新的关税税率。特朗普称，美国缺乏与所有贸易伙伴 通过谈判达成协议的能力。 特朗普说："虽然有150个国家希望达成协议，但不可能与所有国家会面。我认为我们会给出公平的税率，想要与那么多国家见面并谈判是不可能的。" 特朗普曾于4月2日宣布对近乎所有进口商品征收10%基本关税，同时对数十个贸易伙伴加征"对等关税"，一度引发全球金融市场剧烈动荡。 此后特朗普宣布暂缓90天执行高额"对等关税"，但10%的基本关税继续有效。 据悉，目前，美国除了与英国迅速达成协议，以及与中国达成新关税税率外，与欧盟、日本和韩国等 ...

Core Viewpoint - The Reserve Bank of Australia (RBA) has lowered interest rates, indicating a relaxation of policy constraints due to increased uncertainty from U.S. tariff policies and a downward adjustment of global growth prospects [1] Group 1: Interest Rate Changes - The RBA's decision to cut interest rates reflects a response to external economic pressures, particularly from U.S. trade policies [1] - This rate cut aims to stimulate economic activity by making borrowing cheaper for consumers and businesses [1] Group 2: Global Economic Outlook - The RBA has revised down its global growth outlook, highlighting concerns over the impact of U.S. tariffs on international trade dynamics [1] - Increased uncertainty in global markets may lead to cautious investment and spending behaviors [1]

澳洲联储：因美国关税政策导致不确定性增加，下调全球增长前景。 ...

黄金前瞻美国关税政策还有后招，特朗普玩转市场情绪，黄金能否冲击3266？点击观看金十研究员文成 直播分析 相关链接 ...

关税冲击波即将来袭！ 随着贸易紧张局势缓和，美股三大指数上周集体反弹，纳指累计大涨超7%。本周即将公布的一系列经济数 据，将全面揭示美国关税政策的真实影响，市场担忧相关数据或将对美股市场造成扰动。其中，标普全球周四 将公布主要经济体PMI指数，将反映美国关税政策对全球经济前景产生的具体冲击。 与此同时，美联储的降息前景也备受投资者关注。根据日程安排，本周美联储官员们将陆续登场，或将释放最 新的货币政策信号。 摩根士丹利在最新发布的报告中表示，中美贸易紧张局势近期虽有缓和，但美国通胀预计将从5月开始明显上 升，全年通胀率可能升至3.0%～3.5%，这将迫使美联储在2025年保持利率不变。 重磅数据即将出炉 美国密歇根大学最新公布的调查显示，在特朗普政府激进贸易政策的冲击下，美国家庭对经济前景的悲观情绪 进一步恶化。 数据显示，5月美国消费者信心指数初值仅为50.8，为连续第5个月下滑。此前该指数的4月终值为52.2，事前经 济学家一度预期，5月的信心指数会反弹至53.5。 最新数字也创下有记录以来的第二差水平。美国消费者信心指数曾在2022年6月触及50的历史最低值，当时的 通胀失控飙升加剧了人们对经济衰退的担 ...

Core Viewpoint - The momentum for wage increases in Japan has accelerated, but its sustainability may be weakened by the impact of U.S. tariff policies [1] Group 1 - Wage growth in Japan is gaining momentum, indicating a potential shift in the labor market dynamics [1] - The sustainability of this wage growth is uncertain and could be influenced by external factors, particularly U.S. trade policies [1]

日本央行审议委员中村豊明：由于美国关税政策的实施，经济正面临日益加剧的下行压力。 ...

Group 1 - The core viewpoint of the report indicates that the current suspension of certain tariffs between the US and countries like China is expected to drive a new wave of imports, maintaining high resilience in US investment and consumption in Q2 [1] - Overall, the US economy is projected to remain supported in Q2, with the impact of tariffs likely to gradually manifest in the second half of the year. Early implementation of tax reduction policies could mitigate downward pressure [1] - Under the current tariff scenario, it is anticipated that the US will not experience runaway inflation due to the imposition of additional tariffs [1] Group 2 - The Federal Reserve is not expected to rush into interest rate cuts in the short term, with projections indicating that the 10-year US Treasury yield will remain above 4.0% [1]

Core Insights - Sony Group reported its financial results for the fiscal year ending March 31, 2025, showing a slight decline in sales but significant growth in operating and net profits [1][4] - The Game & Network Services (G&NS) segment, primarily driven by PlayStation, saw a sales increase of 9.37% to 4.67 trillion yen, with operating profit rising 42.94% to 414.8 billion yen [1][4] - Despite overall profit growth, Sony anticipates challenges in the upcoming fiscal year due to U.S. tariffs impacting operating profit by an estimated 100 billion yen [4][5] Financial Performance - Total sales for Sony in FY24 were 12.96 trillion yen, a decrease of 0.5% year-on-year, while operating profit increased by 16.4% to 1.41 trillion yen, and net profit rose by 17.6% to 1.14 trillion yen, marking a record high [1][4] - The G&NS segment contributed nearly 30% to the group's operating profit, driven by increased sales of third-party game software and network services [1][4] - Other segments such as Music and Imaging & Sensing Solutions also reported profit growth, with Music's operating profit increasing by 18.49% and Imaging & Sensing Solutions by 34.94% [3][4] Segment Analysis - G&NS sales increased by 402.3 billion yen, with a foreign exchange impact of 170 billion yen [4] - Music sales rose by 223.6 billion yen, while the Pictures segment saw a modest sales increase of 12.9 billion yen [4] - The Entertainment, Technology & Services (ET&S) segment experienced a slight sales decline of 44.4 billion yen, despite a small increase in operating profit [3][4] Market Challenges - Sony's PS5 console sales decreased by 11.58%, with 18.5 million units shipped in FY24 compared to 20.8 million in the previous year [1][5] - The company faces potential price increases for the PS5 in the U.S. market due to tariffs, which could rise by approximately 30%, affecting sales [5][6] - Upcoming competition from Nintendo's new console and delays in major game releases like GTA 6 may further impact PS5 sales [6]

Core Viewpoint - The company, Xinhua Jin (600735.SH), has reported that its production and operational status is normal, but it is facing significant impacts from the uncertainty of U.S. tariff policies on its export businesses in hair products and textiles [1] Group 1: Company Operations - The company has conducted a self-examination and confirmed that its production and operational order is good, with no significant changes in daily operations [1] - The company will continue to monitor and assess the specific impacts of tariff issues on its operational performance [1] Group 2: Regulatory Risks - There is a potential risk of administrative penalties from the China Securities Regulatory Commission or disciplinary actions from the stock exchange related to the disclosure of non-operating fund occupation and other related transactions [1]