Group 1 - The Geneva trade talks between China and the US have led to a significant reduction in punitive tariffs, with both sides agreeing to lower tariffs by over 100% [2] - The upcoming US April CPI data release is expected to influence market dynamics, particularly in the context of easing inflation expectations [2][9] Group 2 - Agricultural products such as soybeans and corn are expected to see increased exports to China due to reduced tariffs, which previously imposed a 125% tariff on US soybeans, negatively impacting domestic crushing margins [3] - Livestock products may face short-term pressure due to increased domestic feed supply, affecting futures for live pigs and eggs [4] - Cotton prices may find strong support in the short term due to improved export expectations and a decrease in inventory [5] Group 3 - In the energy sector, the easing of tariff concerns is anticipated to lead to a recovery in demand for crude oil and natural gas, positively impacting domestic energy products [6] - Lithium carbonate may experience reduced negative sentiment as US tariffs on electric vehicle imports are expected to decrease, potentially benefiting North American lithium battery material manufacturers [6] - Industrial silicon prices may improve as expectations of tariffs on the photovoltaic industry ease, leading to a potential demand recovery [6] Group 4 - The chemical sector is likely to see a chain reaction from eased export restrictions, with polyester and related products such as PTA and short fibers expected to rebound due to improved inventory balance [7] Group 5 - Gold prices may decline further as trade negotiations between China and the US and global geopolitical tensions show signs of easing, with a high level of speculative long positions in gold potentially leading to technical sell-offs [8]

Group 1 - The recent consensus on trade tariffs between China and the U.S. is expected to significantly lower tariffs within the next 90 days, leading to a recovery in China's appliance exports to the U.S. [2][3] - The current tariff on most home appliance products exported from China to the U.S. is 55%, which includes a combination of previous tariffs and new ones. This is a substantial decrease compared to the previous month [2][3]. - Companies are advised to maximize their exports during this 90-day window while preparing for potential future uncertainties in trade relations [2][4]. Group 2 - U.S. customers are beginning to respond positively to the tariff changes, with companies like Xinbao and Zhongshan Letu Electric preparing to resume shipments to the U.S. market [3]. - The reduction in tariffs is seen as a short-term benefit for trade between China and the U.S., allowing companies to communicate and expedite shipments to American clients [3][4]. - Despite the positive outlook, companies are encouraged to remain flexible and prepare for potential fluctuations in the trade environment after the 90-day period [4].

特朗普表示将大幅提高对中国的关税（REUTERS） 美国总统特朗普7日表示，若中国不撤回针对美国对等关税的报复措施，美国将大幅提高对中国 的追加关税。在已宣布的追加关税基础上再加征50%。若在34%的对等关税基础上再加50%，总税 率将达到104%…… 美国总统特朗普7日表示，若中国不撤回针对美国对等关税的报复措施，美国将大幅提高对中 国的追加关税。在已宣布的追加关税基础上再加征50%。若该措施实际生效，美国对来自中国 的所有进口商品征收的关税总额将超过100%。 特朗普7日在其社交媒体指责中国称："尽管我已警告过，报复美国的国家将面临比最初高得 多的关税，但仍宣布了报复性关税"。特朗普警告称，若中国不在8日之前撤回报复措施，将 加征"50%的追加关税"。 特朗普政府于2日宣布对中国实施34%的对等关税。作为回应，中国方面于4日也表示，将对从 美国进口的商品征收同样为34%的追加关税。 日经中文网 https://cn.nikkei.com 视频号推荐内容： 美国的对等关税已于5日实施，统一对所有国家征收10%的基本税率。额外的加征税率将于美 国东部时间9日0时1分（中国时间当日12时1分）起生效。中国政府计 ...