加拿大总理卡尼表示，与美国的贸易谈判正处于紧张阶段。 ...

Group 1 - The postponement of the "2+2" tariff negotiations between South Korea and the U.S. adds uncertainty to the already tense South Korea-U.S. relations, highlighting South Korea's difficult position in the complex international landscape [1] - South Korea is under pressure due to the U.S. imposing a tariff deadline of August 1, with the country eager to avoid a 25% comprehensive tariff, especially as Japan has already reached a tariff agreement with the U.S. [1] - South Korea has set two "red lines" in negotiations: not opening the rice and beef markets, as its grain self-sufficiency rate is low, with only 19.5% from 2021 to 2023, and zero self-sufficiency in wheat and corn [1] Group 2 - In 2024, South Korea imported $2.22 billion worth of U.S. beef, making it a major importer, but the U.S. is pushing to lift the ban on U.S. beef imports over 30 months, facing strong opposition from the South Korean agricultural sector [3] - South Korea's recent diplomatic interactions with the U.S. have seen multiple cancellations of meetings, indicating U.S. dissatisfaction with South Korea's proposals and an attempt to assert dominance in the bilateral relationship [3] Group 3 - On July 25, South Korea's Ministry of Trade announced a request for anti-dumping duties of 28.16% to 33.57% on carbon steel and hot-rolled steel from China, which raises questions about its timing amid ongoing U.S. tariff negotiations [5] - This anti-dumping investigation was initiated earlier in the year, but its announcement during critical negotiations suggests a strategic move to appease the U.S. while deflecting responsibility from the current government [5] Group 4 - South Korea is navigating a complex geopolitical environment, heavily reliant on U.S. military protection while also depending on China as its largest trading partner, with trade volumes exceeding $300 billion in 2024 [6] - The current administration appears to be leaning towards the U.S., as evidenced by recent actions such as rejecting China's invitation to a military parade and imposing tariffs on Chinese steel, signaling a shift in diplomatic posture [8] Group 5 - Over-reliance on the U.S. could jeopardize South Korea's relationship with China, which is crucial for its economic development, as many industries depend on Chinese raw materials [8] - The imposition of tariffs on Chinese steel may lead to increased costs for South Korean industries, potentially escalating trade tensions and undermining established economic cooperation [8]

Group 1 - The German government spokesperson emphasized the necessity for further negotiations regarding steel and aluminum issues [1]

外交部发言人郭嘉昆7月28日主持例行记者会。路透社记者提问，关于贸易谈判，欧盟表示他们与美 国达成的协议并不理想，但却是他们能达成的最好的协议。那么，如果桌面上只有次优协议，中国 是否愿意接受？或者说，必要时中国是否会退出谈判？ 对此，郭嘉昆表示："关于你提到的美欧之间达成贸易协议，我想说的是，中方一贯主张各方通过平 等对话协商解决经贸分歧，维护良好的国际经贸合作环境，遵守世贸组织的规则。同时我们坚决反 对任何一方以牺牲中方的利益为代价，达成交易。" ...

法国贸易部长：欧洲本可以在与特朗普的贸易谈判中采取更强硬的立场。 ...

Group 1 - The current gold price is experiencing fluctuations, with a recent drop to around 3320 before rebounding, indicating a potential resistance at 3345-47 and 3362 levels [1][3] - COMEX gold has seen a decline for three consecutive days, closing at 3338.5 USD/oz, reflecting a drop of 1.04% [3] - The recent EU-US trade negotiations resulted in an agreement favoring the US, highlighting the EU's weakened position in global economic negotiations [3] Group 2 - The gold market is currently under bearish pressure, with prices trading below key moving averages, but there is potential for a rebound if support levels are tested [4] - Last week's gold market was influenced by fundamental factors, with a high of 3439.2 and a low of 3324.6, closing at 3336.5, forming a long upper shadow candlestick pattern [4] - Current support levels for gold are identified at 3324 or 3304 USD, while resistance levels are at 3340 or 3357 USD [5]

据央视新闻，美日此前就关税问题达成一致。根据协议内容，美国将对包括汽车在内的日本商品统一征 收15%关税，低于此前特朗普威胁的25%税率。作为交换，日本承诺设立规模高达5500亿美元的基金用 于对美直接投资，投资方向将由美方主导。 美国商务部长卢特尼克透露称，该基金的资金将包括"股权、贷款和贷款担保"，投资方向将由美方主 导，美国将获得该投资90%的利润。协议明确，这些资金将投向美国战略工业基础的复兴，包括能源基 础设施和生产、半导体制造和研发、关键矿产开采加工、医药和医疗产品生产，以及商业和国防造船等 领域。 但日方却有不同解读。 日本政府首席谈判代表赤泽良圣周六在接受采访时澄清，在日美最新达成的5500亿美元基金中，真正的 投资仅占1%-2%，其余资金将以贷款形式提供。在投资收益分配上，美日将按照90:10的比例分成，而 非日本最初提议的50:50比例。 赤泽良圣强调，这并非将5500亿美元现金直接输送至美国，而是通过不同金融工具的组合实现。对于占 据基金主体的贷款部分，日本将收取利息。在贷款担保方面，如果没有违约发生，日本仅收取担保费 用。 5500亿美元基金中仅1%-2%为投资？美欧之后，美日也就贸易 ...

Core Viewpoint - The U.S. Treasury Secretary's threat to include China's oil purchases from Russia and Iran in upcoming trade negotiations has escalated tensions, raising questions about the future of U.S.-China relations and the potential impact on global trade dynamics [1][2]. Group 1: U.S.-China Trade Negotiations - The upcoming U.S.-China trade talks in Stockholm are critical, with the U.S. facing significant data indicating a dramatic drop in China's oil purchases, which could affect the negotiations [1]. - The U.S. Treasury Secretary's warning of imposing 100% secondary tariffs on countries purchasing Russian oil highlights the U.S.'s reliance on financial dominance as a negotiating tool [2]. - The negotiations are seen as a pivotal moment for the Trump administration, with key issues such as rare earth export controls and overall tariff levels expected to be central to discussions [2][3]. Group 2: Global Implications - The outcome of the negotiations could influence other countries' willingness to engage with the U.S., potentially leading to a shift in global trade agreements [3]. - If the U.S. concedes in negotiations, it may empower other nations to negotiate more assertively, while a Chinese compromise could lead to a wave of similar agreements that favor the U.S. [3]. Group 3: Energy Market Dynamics - China's response to U.S. tariffs by increasing its energy imports from Russia and Iran signifies a strategic shift in energy procurement, challenging U.S. sanctions [2][6]. - The U.S. Treasury Secretary's focus on energy procurement as a bargaining chip may backfire, as China's reduced imports of U.S. energy could harm American energy companies [8]. - China's position as the world's largest crude oil buyer gives it leverage in the energy market, allowing it to resist U.S. sanctions and assert its national interests [6][8].

长江期货贵金属周报 贸易谈判取得进展，价格承压回调 2025/7/28 【产业服务总部|有色中心】 资深研究员：李 旎 执业编号:F3085657 投资咨询号:Z0017083 长江期货股份有限公司交易咨询业务资格：鄂证监期货字[2014]1号 目录 01 行情回顾 02 周度观点 03 海外宏观经济指标 04 当周重要经济数据 05 当周重要宏观事件和政策 06 库存 07 基金持仓 08 本周关注重点 01 行情回顾：上周 美国与多国贸易谈判结果落地，加征关税幅度基本低于 1610 1810 2010 2210 2410 2610 2810 3010 3210 3410 3610 2024/01/02 2024/02/02 2024/03/02 2024/04/02 2024/05/02 2024/06/02 2024/07/02 2024/08/02 2024/09/02 2024/10/02 2024/11/02 2024/12/02 2025/01/02 2025/02/02 2025/03/02 2025/04/02 2025/05/02 2025/06/02 2025/07/02 市场预期。市场 ...

Group 1 - The trade agreement between the US and EU has been finalized, potentially avoiding a global economic downturn due to a trade war [1][3] - The agreement sets a 15% tariff on most EU exports, including automobiles, but there are discrepancies in statements from both sides regarding the inclusion of pharmaceuticals and metals [3][4] - The EU has reportedly agreed to invest significantly in the US, which may have influenced the terms of the agreement, particularly concerning pharmaceuticals and semiconductors [3] Group 2 - The uncertainty surrounding the specifics of the tariff implementation may lead to volatility in related sectors, such as metal trading and pharmaceutical exports, as companies await final details [3][4] - The overall direction of the agreement is seen as positive for global supply chains, despite the need to address lingering details and disputes [3][4] - Continuous monitoring of subsequent developments in the trade agreement is essential for long-term investment strategies [4]