Core Viewpoint - The ongoing trade negotiations between the U.S. and Canada are likely to result in persistent tariffs on Canadian imports, as indicated by recent communications from President Trump to Canadian Prime Minister Carney [1] Group 1: Trade Relations - Robert Kavcic, an economist at the Bank of Montreal, suggests that regardless of the outcomes of discussions between Trump and Carney, tariffs on Canadian goods will continue [1] - Trump warned that Canadian imports not complying with the USMCA regulations could face tariffs as high as 35% [1] - The possibility of tariffs targeting specific industries remains, indicating a prolonged period of trade tension [1] Group 2: Cooperation on Fentanyl - Trump mentioned that he might consider adjusting tariff levels if Canada cooperates more with Washington in curbing fentanyl smuggling [1] - This suggests that trade negotiations may be influenced by broader issues such as drug trafficking, which could affect tariff decisions [1] Group 3: Economic Implications - Kavcic noted that the likelihood of avoiding some form of enduring tariffs appears increasingly unlikely [1]

Core Viewpoint - The article discusses how the trade policies of President Trump are reshaping the global economic landscape, creating complexities for investors, while highlighting companies like Netflix and Uber that are less affected by tariffs and supply chain disruptions [4][5]. Group 1: Netflix - Netflix's digital-first business model and growing global subscriber base position it to thrive in the current environment [8]. - Unlike hardware or manufacturing-dependent peers, Netflix's costs are primarily from content production and licensing, making it less susceptible to import tariffs or supply chain interruptions [9][10]. - Netflix's stock has performed well, rising approximately 43% year-to-date, reflecting investor confidence in its growth prospects and ability to navigate economic challenges [11]. - Analysts remain optimistic, with TD Cowen raising the target price to $1,440, anticipating continued subscriber growth and strong pricing power despite recent price increases [13]. - Netflix's financial health score is 3.18, indicating strong profitability, ample cash flow, and excellent financial discipline, with a perfect Piotroski score of 9 [16]. Group 2: Uber - Similar to Netflix, Uber's asset-light platform model is inherently insulated from global trade disruptions due to its localized service nature [18]. - Uber's services, whether ride-hailing or food delivery, are produced and consumed within the same region, thus unaffected by cross-border tariffs [19]. - Uber's stock has seen a significant increase of 61.6% year-to-date, driven by strong growth in its ride-hailing and delivery services, as well as expansion in autonomous driving partnerships [20][22]. - Analysts expect continued double-digit profit and revenue growth, with improvements in profit margins, as the company prepares for its earnings report on August 5 [23]. - Uber's financial health score is higher at 3.59, reflecting strong growth momentum and improving profitability, making it an attractive investment choice in the current market [26][27].

金十数据7月11日讯，加拿大总理卡尼10日晚对美国总统特朗普新的关税威胁作出回应，表示将加强与 世界各地贸易伙伴的关系，以应对美方关税威胁。收起稍早前，特朗普宣布将自8月1日起对从加拿大进 口的商品征收35%的关税。他当天在社交媒体平台"真实社交"上发布致卡尼的信函，批评加拿大对美国 此前征收的关税进行报复。卡尼在社交媒体上回应说，在当前与美国的贸易谈判中，加拿大政府一直坚 定维护本国工人和企业的利益。"我们将继续这样做，并朝着8月1日这一最后期限努力。"卡尼还说，加 拿大联邦政府、各省和地区准备新建一系列符合国家利益的重大项目，并正在加强与世界各地贸易伙伴 的关系。 加总理：将加强全球贸易应对美关税威胁 ...

Group 1 - Brazilian President Lula stated there is no obligation to conduct trade in US dollars and emphasized the need to seek other trade partners [1][2] - Lula mentioned that trade with the US accounts for only 1.7% of Brazil's GDP, indicating that Brazil can survive without the US [1] - The proposed 50% tariff by Trump could severely impact key Brazilian export sectors, including steel products, transportation equipment, and non-metallic minerals [2] Group 2 - The US is Brazil's second-largest trading partner, following China, and the proposed tariffs are politically motivated, linked to the judicial proceedings against former President Bolsonaro [2] - Brazil currently has a trade deficit with the US, importing approximately $44 billion worth of US products while exporting about $42 billion [2]

Group 1 - The announcement by President Trump to impose a 50% tariff on all exports from Brazil has led to significant volatility in the Brazilian financial market, with the Ibovespa index falling by 0.54% to 136,743.26 points and the USD/BRL exchange rate rising by 0.69% to 5.5416 BRL [1] - The new tariff, effective from August 1, is a substantial increase from the previously proposed 10% tariff announced in April, raising concerns about the impact on Brazil's industrial exports and the overall economic relationship between the two countries [1][2] - Brazil's Vice President Alckmin criticized the tariff increase, stating that Brazil's trade with the U.S. is balanced and that the measure is unfair, potentially harming the U.S. economy as well [1] Group 2 - The Brazilian economy is facing greater policy coordination challenges due to the sudden shift in external trade conditions and increasing inflationary pressures, as indicated by the rising consumer price index [3]

Core Viewpoint - The Brazilian government views the 50% tariff imposed by the U.S. on Brazilian goods as an "unjust measure" and is seeking alternative markets for exports, particularly in the Middle East and South Asia [1] Group 1: Government Response - Brazilian Agriculture and Livestock Minister Carlos Favaro criticized the U.S. tariff as an "unjust measure" [1] - The Brazilian government has informed the U.S. Embassy that it will return a letter from President Trump and has summoned the U.S. Chargé d'Affaires to explain certain parts of the letter regarding former President Bolsonaro [1]

Group 1 - The core point of the news is that the announcement by U.S. President Trump to impose a 50% tariff on all Brazilian products starting August 1, 2025, has led to a significant decline in Brazilian assets, including a drop of over 1% in the IBOVESPA index and a 0.7% decrease in the Brazilian real against the U.S. dollar [1][3] - The iShares MSCI Brazil ETF, which tracks Brazilian stocks, fell by 3.2% in pre-market trading on Thursday, indicating a negative market sentiment towards Brazilian assets [1] - The market is expected to face greater volatility in the future due to the unexpected nature of the tariff announcement, which was significantly higher than the initially anticipated 10% rate, and the lack of a clear negotiation path between the U.S. and Brazil [3] Group 2 - Trump's statement linked the tariff decision to political issues, citing "insidious attacks on free elections in Brazil" and violations of basic free speech rights for Americans, which adds a layer of complexity to the trade relationship [3] - Brazilian President Lula's response indicates a firm stance against external pressure, but insiders suggest that he may have limited options to avoid the tariff due to legal constraints beyond his control [3] - Analysts from Ativa Investimentos noted that this tariff introduces a new risk-averse factor for Brazilian assets, potentially increasing market volatility and prompting investors to reassess companies with high cash flow and significant exposure to the U.S. market [3]

4. 哈萨克斯坦总统托卡耶夫致信美国总统特朗普称，他准备就贸易问题进行建设性对话，有信心在贸易 问题上达成妥协。(哈萨克斯坦被威胁于8月1日起征收25%关税) 5. 欧盟委员会主席冯德莱恩周四表示，欧盟正在 "不停地"努力与美国达成协议，以尽可能降低贸易关 税。 6. 新加坡贸工部长称，将在7月访美时讨论药品关税问题。新加坡尚未收到特朗普政府的信函，其出口 商品需缴纳美国4月份宣布的10%基准关税。 7. 印度贸易部的一位消息人士周四表示，印度代表团预计将很快访问美国，继续贸易谈判，目标是在 2025年秋季之前达成初步协议。 金十整理：特朗普威胁征税，巴西硬刚"以牙还牙"，多国寄希望于谈判 1. 巴西总统卢拉发表声明回应称，关于"美国在与巴西的贸易中存在逆差"的说法纯属虚假信息，任何单 方面加征关税的措施都将依据巴西《商业互惠法》予以对等回应。(巴西被威胁于8月1日起征收50%关 税) 2. 菲律宾经济事务部长周四表示，美国决定对该国出口产品征收20%关税，菲律宾为此感到担忧，但将 继续进行谈判。菲律宾官员定于下周前往美国与美方官员会谈。 3. 日本政府消息人士称，日本正寻求在美国财政部长贝森特下周7月19日 ...

周四大多数亚洲货币基本保持稳定，投资者正在消化美国总统唐纳德·特朗普的最新贸易关税举措，同时美联储利 率前景的不确定性进一步导致市场波动有限。 衡量美元对一篮子主要货币的美元指数在亚洲交易时段下跌0.1%，延续了温和跌势。 美元指数期货下跌0.2%。 特朗普本周开始向主要贸易伙伴发送关税信函，并已宣布对韩国和日本等国的商品征收25%的关税。 虽然最近的关税威胁对更广泛市场的影响有限，但交易员仍对潜在的未来贸易升级保持警惕。 韩元兑美元汇率小幅下跌0.1%，而日元兑美元汇率基本保持不变。 在岸人民币和离岸人民币兑美元汇率均基本保持稳定。 特朗普宣布铜关税，提高对巴西关税 特朗普总统周三宣布对铜进口征收50%的关税，将于8月1日生效，称该措施旨在促进国内铜产业发展。 周三早些时候，他还宣布对巴西的互惠关税将从10%上调至50%。 卢拉回应警告称，任何新关税都将面临报复性行动。 新加坡元兑美元汇率也保持平稳，而印度卢比兑美元汇率小幅下跌0.1%。 澳元兑美元汇率上涨0.1%。 大多数政策制定者预计今年晚些时候降息将是适当的。 "美元因此难以找到明确方向，美联储叙事仍是外汇市场的主要驱动因素，"荷兰国际集团(ING) ...

2025.07. 10 推荐阅读 "黄金平替"，单日大跌6%！ 当地时间9日，巴西副总统兼发展、工业、贸易和服务部长热拉尔多·阿尔克明表示，美方宣布对巴 西商品征收新的关税是不公平的。他说，美国对巴西是贸易顺差，但仍被提高关税，巴方"看不出有 任何理由"美方要这么做。 阿尔克明还表示，对巴西产品加征关税，将会对美国自身经济造成损害，因为在贸易领域是存在一体 化的。以钢铁为例：巴西是美国冶金用煤的第三大买家，巴西生产半成品再出口给美国进行最终加 工。因此加征关税只会使美国自己的产业链变得更昂贵。 微信编辑 | 七三 据央视新闻，当地时间7月9日，美国总统特朗普在社交媒体上发布了致 文莱、阿尔及利亚、摩尔多 瓦、伊拉克、菲律宾、斯里兰卡、利比亚和巴西 的信件。 本文字数：447，阅读时长大约1分钟 特朗普宣布对8国关税税率 特朗普称，美国将自2025年8月1日起对菲律宾的产品征收20%的关税，对文莱和摩尔多瓦的产品征 收25%的关税，对阿尔及利亚、伊拉克、斯里兰卡和利比亚的产品征收30%的关税，对巴西的产品 征收50%的关税。 巴西副总统：美加征关税不公平 ...