据央视新闻报道，当地时间8月21日，美国白宫发表与欧盟的联合声明称，美国与欧盟已就一 项贸易协定的框架达成一致。欧盟方面随后也发表了联合声明。 根据白宫公布的声明，美国与欧盟的这项贸易协议的框架内容 要点有19项，涵盖农产品、汽 车、飞机等工业品、芯片半导体、能源、欧盟对美投资、放宽环境保护法规限制、网络安全 协议、数字贸易壁垒等多方面内容 。 此外，声明还明确，美国承诺对欧盟原产商品适用以下两者中较高的关税率：美国最惠国 （MFN）关税税率或由MFN关税与互惠关税组成的15%关税率。此外，自2025年9月1日起， 美国承诺仅对欧盟的以下产品适用MFN关税：不可再生自然资源（包括软木）、所有飞机及 飞机零部件、通用药品及其原料和化学前体。美国和欧盟同意考虑其他对各自经济和价值链 重要的部门和产品，将其纳入仅适用MFN关税的产品清单。 此外，细则还规定，美国对大多数欧盟商品征收关税税率将不超过15%，涵盖汽车、药品、半 导体芯片和木材。 欧盟承购美能源产品、人工智能芯片及国防装备 欧盟将取消对美国所有工业品关税 并对美农产品提供优惠市场准入 白宫的声明中明确显示，欧盟将取消对美国所有工业产品的关税，并对包括坚果 ...

美国与欧盟向着正式确立贸易协定迈出关键一步。双方敲定了一份联合声明，为数周内降低欧洲汽车关税并化解其他贸易摩擦铺平了道路。 21日，据央视新闻，当地时间8月21日，美国白宫发表声明称，美国与欧盟已就一项贸易协定的框架达成一致。有媒体报道称，美国在声明中重申 了对欧盟大部分商品征收15%的关税上限，称美国对欧盟汽车的关税可能在几周内降低。报道还称，特朗普已多次称赞这一广泛的贸易框架，并 在本周与包括欧盟委员会主席冯德莱恩在内的外国领导人会晤时称其为"一项重大协议"。 据央视新闻此前报道，当地时间7月27日，美国总统特朗普表示，美国已与欧盟达成贸易协议，对欧盟输美商品征收15%的关税。根据本次框架， 欧盟承诺取消所有美国工业品关税，还计划采购价值7500亿美元的美国液化天然气（LNG）、石油和核能产品，并额外采购价值400亿美元的美 国制造人工智能芯片。 分析认为，这一最新动态凸显了特朗普任内贸易谈判的特点：通常先宣布一项广泛的原则性协议，随后花费数周甚至更长时间来敲定具体细节。 美国承诺将适用于欧洲汽车及零部件的关税税率从此前威胁的水平大幅下调，但这取决于欧盟首先采取立法行动，取消其对美国工业品的关税并 为部分 ...

此外，声明还明确，美国承诺对欧盟原产商品适用以下两者中较高的关税率：美国最惠国（MFN）关税税率或由MFN关税与互惠关税组成的15%关 税率。此外，自2025年9月1日起，美国承诺仅对欧盟的以下产品适用MFN关税：不可再生自然资源（包括软木）、所有飞机及飞机零部件、通用药 品及其原料和化学前体。美国和欧盟同意考虑其他对各自经济和价值链重要的部门和产品，将其纳入仅适用MFN关税的产品清单。 此外，细则还规定，美国对大多数欧盟商品征收关税税率将不超过15%，涵盖汽车、药品、半导体芯片和木材。 当地时间8月21日，美国白宫发表声明称，美国与欧盟已就一项贸易协定的框架达成一致。 根据白宫公布的声明，美国与欧盟的这项贸易协议的框架内容要点有19项，涵盖农产品、汽车、飞机等工业品、芯片半导体、能源、欧盟对美投 资、放宽环境保护法规限制、网络安全协议、数字贸易壁垒等多方面内容。 欧盟将取消对美国所有工业品关税并对美农产品提供优惠市场准入 白宫的声明中明确显示， 欧盟将取消对美国所有工业产品的关税，并对包括坚果、乳制品、新鲜及加工果蔬产品、加工食品、种子、大豆油及肉类 产品等在内的美国水产品及农产品提供优惠市场准入。 此外， ...

据央视新闻报道，当地时间8月21日，美国白宫发表声明称， 美国与欧盟已就一项贸易协定的框架达成一致。 ...

当地时间8月21日，美国白宫发表声明称，美国与欧盟已就一项贸易协定的框架达成一致。 （文章来源：央视新闻客户端） ...

美国关税政策对日本出口的影响开始显现。 贸易数据大幅下跌 日本财务省周三公布的数据显示，日本7月份出口同比下降2.6%，为连续第三个月下降，经济学家预测为下降2.1%。7月份进口同比下降7.5%，幅度低于 经济学家预期的下降10.4%。受此影响，日本录得贸易逆差为1175亿日元（合7.955亿美元），而预期为顺差1962亿日元。 具体来看，出口减少项目中，汽车大幅减少11.4%，钢铁出口减少21%，汽车零部件出口减少12.1%。进口方面，原油减少18%，煤炭减少28.5%，液化天 然气减少16.8%。 7月，日本对美国出口减少10.1%，为连续4个月减少，其中汽车出口大幅下降28.4%、汽车零部件下降17.4%。自美进口方面，则是连续6个月减少，主要 减少品目为医药品，下降36.1%，但原粗油大幅增加1253.0%。日本7月对美顺差 5851亿日元，减少23.9%，连续3个月减少。 总体来看，日本7月贸易呈现出口、进口双降，贸易逆差重现的特点，汽车、钢铁等主要出口品目及能源类进口品目均为减少主力，地域贸易中对美顺差 收窄、对华逆差持续是显著特征。 日本股市周三开盘后持续走低，日经225指数一度跌超1.5%。分 ...

Core Viewpoint - The impact of U.S. tariff policies on Japanese exports is becoming increasingly evident, with significant declines in both exports and imports reported for July [1][3][5]. Trade Data Summary - In July, Japan's exports fell by 2.6% year-on-year, marking the largest decline in over four years and exceeding economists' expectations of a 2.1% drop [3]. - Imports decreased by 7.5%, which was less than the anticipated 10.4% decline, resulting in a trade deficit of 117.5 billion yen (approximately $795.5 million) instead of a forecasted surplus [3]. - Key export declines included automobiles (down 11.4%), steel (down 21%), and auto parts (down 12.1%) [3]. - Exports to the U.S. decreased by 10.1%, with automotive exports dropping significantly by 28.4% and auto parts by 17.4% [3][5]. - Japan's trade surplus with the U.S. fell by 23.9% to 585.1 billion yen, continuing a three-month decline [3]. Stock Market Reaction - Following the trade data release, the Japanese stock market saw a decline, with the Nikkei 225 index dropping over 1.5% [4]. - Analysts predict that the Nikkei 225 index, which has risen over 9% this year, may retreat to around 42,000 points by the end of December [4]. Economic Impact - The U.S. tariff policy has led to a continuous decline in Japanese exports to the U.S. for three consecutive months, with the rate of decline increasing [5]. - The automotive sector, a core industry for Japan, has been significantly affected, with a reported 26.7% year-on-year decrease in automobile exports to the U.S. in June [5]. - The Japanese Cabinet Office reported a 0.3% quarter-on-quarter growth in GDP for Q2, with a year-on-year growth of 1.0%, but cautioned about the potential negative impact of U.S. tariffs on future economic performance [5]. Economic Forecast - A survey of ten private economists indicated that six expect Japan's economy to enter negative growth in Q3, with an anticipated 0.1% decline in actual GDP quarter-on-quarter, translating to an annualized decrease of 0.6% [6]. - A recent trade agreement announced by U.S. President Trump may provide some relief, with Japan committing to invest $550 billion in the U.S., which is expected to create numerous jobs [6].

Group 1: US-China Trade Relations - The US and China have agreed to suspend the implementation of a 24% tariff for 90 days, which temporarily stabilizes trade relations and delays uncertainty [2] - Both countries have made efforts to restore normal trade relations, with China agreeing to resume rare earth exports and the US easing semiconductor export controls [2] - The ongoing trade tensions and tariff measures highlight the complexities and uncertainties in US-China trade relations, which are seen as detrimental to both sides [2] Group 2: New Business Entities in China - In the first half of the year, over 13.27 million new business entities were established in China, including 4.62 million new enterprises and 8.63 million individual businesses [3] - The growth of new private and foreign enterprises indicates a positive trend, with private enterprises increasing by 4.6% year-on-year [3] - The service sector, particularly in cultural industries, has shown significant growth, contributing to job creation and economic resilience [3] Group 3: VAT Law Implementation - The Ministry of Finance and the State Taxation Administration have released a draft for the implementation of the VAT Law, which clarifies tax regulations and enhances transparency [4] - The VAT is a major tax source in China, projected to generate approximately 6.57 trillion yuan in 2024, accounting for 38% of total tax revenue [4] - The new regulations aim to provide clearer guidelines for tax rates and improve the accessibility of VAT benefits for various market participants [4] Group 4: Loan Subsidy Policy for Service Industry - A new loan subsidy policy has been introduced to support service industry entities, allowing for a 1% interest subsidy on loans up to 1 million yuan [6] - The policy targets small and micro enterprises in sectors such as hospitality, health, and culture, aiming to enhance their financial support [6] - The initiative is expected to stimulate the service sector, although its overall impact remains to be seen [7] Group 5: Robotics Industry Development in Hangzhou - Hangzhou is drafting regulations to promote the development of the embodied intelligent robotics industry, focusing on a regulatory framework that encourages innovation [8] - The city has over 200 robotics companies and aims to establish a supportive policy environment for high-quality industry growth [8] - The initiative reflects a broader trend of local governments actively fostering technological advancements and economic transformation [9] Group 6: Housing Fund Policy in Suzhou - Suzhou has announced measures to expand the use of housing provident fund loans, including lowering down payment ratios and allowing for more flexible withdrawals [10] - These changes aim to support the local real estate market and alleviate financial pressure on residents [10] - The adjustments are part of a wider trend among cities to enhance the utility of housing funds and stimulate housing demand [10] Group 7: Nvidia's Revenue Sharing Agreement - Nvidia has reportedly agreed to pay 15% of its revenue from H20 chip sales in China to the US government in exchange for export licenses [11] - This unprecedented arrangement raises questions about the implications for market dynamics and the perception of US-China trade policies [11] - The move reflects a shift in the US government's approach to regulating technology exports while seeking to increase government revenue [11] Group 8: Stock Market Performance - The stock market has shown a positive trend, with the Shanghai Composite Index rising by 0.5% and reaching new highs [12] - Despite the overall market growth, there is caution regarding potential corrections and shifts in market focus, particularly in speculative sectors [12] - The performance of semiconductor stocks has been influenced by developments in US-China trade relations, particularly regarding chip exports [12]

Summary of Expeditors International of Washington (EXPD) Update / Briefing Company Overview - **Company**: Expeditors International of Washington (EXPD) - **Division**: Onex, an advisory firm under Expeditors, focuses on global supply chains and trade compliance [1][6][7]. Industry Context - **Industry**: Trade and logistics, particularly in the context of U.S. tariffs and international trade relations. - **Key Focus**: The impact of recent U.S. tariff policies on global trade dynamics, especially concerning China, the EU, and other trading partners [2][10][12]. Core Points and Arguments 1. **Recent Tariff Changes**: Nine new tariff levels were announced, significantly increasing effective tariff rates, particularly targeting China [12][14]. 2. **Transshipment Focus**: A new 40% tariff will apply to goods deemed to be avoiding U.S. tariffs, indicating a stringent approach to enforcement [12][26]. 3. **China Relations**: The U.S. is focusing on containing Chinese exports, with ongoing negotiations expected to yield limited agreements similar to the Phase One deal [14][58]. 4. **EU Trade Dynamics**: The EU has avoided a full trade war with the U.S., but faces internal challenges regarding its chemical industry and strategic investments [24][55]. 5. **India's Position**: The U.S. is applying pressure on India with a 25% tariff, but India is expected to remain resilient due to its strategic trade positioning [64][65]. 6. **Macroeconomic Impacts**: Tariffs are projected to lower U.S. GDP growth by up to 1.5 percentage points, with inflation expected to rise by about 0.5 percentage points [47][75]. 7. **Sector-Specific Impacts**: Consumer electronics, automobiles, and industrial metals are among the sectors most affected by the new tariffs [78][81]. 8. **Long-Term Outlook**: The U.S. administration's focus on reshoring manufacturing may lead to a complex interplay of tariffs and trade agreements, with significant uncertainty remaining [83][84]. Additional Important Insights - **Political Pressures**: The Trump administration's tariff policies are influenced by domestic political considerations, particularly with upcoming midterm elections [23][45]. - **Investment Dynamics**: There is a notable push for foreign direct investment into Mexico and ASEAN economies as companies seek to diversify away from China [84]. - **Uncertainty in Implementation**: Many aspects of the new tariff policies, especially regarding transshipments and country of origin rules, remain undefined, leading to potential surprises for importers [86][88]. This summary encapsulates the key points discussed in the briefing, highlighting the implications of U.S. trade policies on various sectors and international relationships.

新华财经约翰内斯堡8月4日电（记者白舸）南非贸易和外交部门4日联合召开媒体吹风会表示，美国对 南非输美商品征收30%高关税的政策将对南非经济造成严重冲击，可能导致约3万个就业岗位流失。 南非贸易、工业和竞争部总司长西姆菲维·汉密尔顿表示，美国是仅次于欧盟和中国的南非第三大贸易 伙伴，高关税将严重冲击南非汽车制造、农产品加工等行业，威胁约3万个就业岗位。南非统计局数据 显示，2025年一季度全国失业率达32.9%，其中15至34岁青年群体失业率高达46.1%。 南非国际关系与合作部长罗纳德·拉莫拉指出，若30%关税的政策实施，预计将导致南非经济增长下降 0.2个百分点。他表示，南非目前仍在就贸易协定与美方磋商，希望达成促进产业增值和工业化发展的 贸易协定，而非重蹈殖民时期掠夺性贸易关系的覆辙。 为应对美关税挑战，南非总统拉马福萨当天在每周公开信中宣布，南非将设立"出口企业支持平台"，重 点帮扶受冲击企业开拓市场、调整出口结构；同时，加快推进出口市场多元化战略，积极开拓非洲大陆 自由贸易区和亚洲、中东等市场，降低对单一市场依赖，提升经济韧性。 美国总统特朗普7月31日签署行政令，公布包括南非在内的69个贸易伙伴输 ...