加拿大还将设立新的关税配额制度，限制来自与加拿大未签订贸易协议国家的钢铁进口，并计划在未来 几周内出台新关税措施，以应对钢铁和铝产品倾销的风险。卡尼和其政府官员担忧，美国对金属进口征 收50%关税后，可能导致全球制造商将产品转向加拿大市场。 卡尼表示，这些新的配额并非美方在谈判中的要求，而是"美国采取行动所带来的后果。"他还特别提 到，加拿大联邦政府设立了一项价值100亿加元的贷款计划，为难以从传统市场获得融资的大型企业提 供流动性支持。 卡尼与内阁部长Dominic LeBlanc和Melanie Joly一同发布了上述声明。卡尼表示，他"相当频繁地"与美 国总统特朗普通话。Dominic LeBlanc则补充称，他正与美国商务部长卢特尼克持续沟通，并将在周五 与美国贸易代表格里尔(Jamieson Greer)进行会谈。 当被问及加拿大是否愿意接受部分美国关税以达成协议时，卡尼回应说，真正的自由贸易符合两国的共 同利益。他表示："这是一场谈判。如果符合加拿大的利益，我们就签。如果不符合，我们就不签。" 智通财经APP获悉，如果与特朗普政府的贸易谈判陷入僵局，加拿大将在下个月提高对美国钢铁和铝产 品的关税。 ...

欧盟委员会贸易委员东布罗夫斯基斯：我们与美国的贸易谈判正在取得进展。如果无法找到解决方案， 我们准备对美国采取措施。 ...

Group 1 - The G7 summit held in Calgary, Canada, faced challenges due to escalating conflicts between Israel and Iran, as well as President Trump's early departure related to Middle Eastern affairs [1][7] - The summit did not issue a joint communiqué, highlighting the divisions among leaders on various issues, although efforts were made to find common solutions [1][3] - Trade negotiations between the U.S. and other countries, including the EU and Japan, showed little progress, with significant disagreements remaining on tariff policies [3][4] Group 2 - The U.S. and EU trade talks failed to yield results, with EU officials denying reports of accepting U.S. tariffs, emphasizing their opposition to what they consider unreasonable and illegal tariffs [4][5] - Canada and the U.S. discussed trade pressures and priorities, with both sides acknowledging existing differences in their trade policy approaches [4][5] - The G7 summit addressed regional conflicts, particularly the Israel-Iran situation, calling for de-escalation in the Middle East and emphasizing the need for energy market stability [7][8]

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Group 1: G7 Summit Outcomes - The G7 summit concluded without a joint communiqué, highlighting significant disagreements among leaders on various issues [1] - Canadian Prime Minister Carney acknowledged the efforts to find common solutions despite the differences [1] Group 2: Trade Negotiations - The U.S. government's "reciprocal tariffs" negotiation window is set to close on July 9, with no significant progress made during the summit [3] - Trump expressed dissatisfaction with the current trade negotiations, stating that a fair agreement has not been proposed by the EU [3] - Japan's Prime Minister Ishiba noted ongoing cognitive differences in trade discussions with the U.S., but both sides agreed to continue negotiations [3] Group 3: Bilateral Meetings - Carney and Trump held a one-hour meeting discussing trade pressures and priorities, with both leaders acknowledging differing views on trade policy [4] - The U.S. and UK signed the "Economic Prosperity Agreement," which primarily addresses tariff reductions on automotive and aerospace products, while steel and pharmaceutical tariffs remain unresolved [5] Group 4: Regional Conflicts and Relations - The summit addressed the escalating conflict between Israel and Iran, calling for a resolution and emphasizing the need for energy market stability [6] - Carney's meeting with Indian Prime Minister Modi marked a diplomatic recovery following tensions over a recent incident involving a Sikh leader in Canada [6] - The EU is set to sign a defense procurement agreement with Canada, indicating strengthening ties between the two regions [6]

刚刚落幕的G7峰会本被认为是各国与美国打破贸易谈判僵局的关键契机，但依然没有任何进展。 据华尔街日报报道，在加拿大阿尔伯塔省卡纳纳斯基斯举行的G7峰会上， 特朗普与多位关键领导人的 双边会谈均未取得实质性突破。 日本首相石破茂与特朗普的会晤仅以"继续对话"的承诺告终。欧盟委员会主席冯德莱恩的处境同样不佳 ——在与她讨论贸易问题后，特朗普直言不讳地表示他认为欧盟尚未提出公平交易。 特朗普离开峰会后更是加码表示，由27个国家组成的欧盟集团"多年来一直非常强硬"。 他的最终态度相 当直白："我们要么达成一个好协议，要么他们就付钱。" 加拿大的紧急提议更是遭拒。加拿大代表团抵达峰会时携带了一份交换提议：提高军费开支，以换取美 国取消50%的钢铝进口关税以及加拿大汽车进口关税。这些关税已经严重挤压了加拿大相关产业。 然而，当加拿大总理卡尼（Mark Carney）在双边会晤中表达钢铁产业受到的伤害时，特朗普对这些担 忧不以为然。最终，卡尼只能提议设定30天的谈判时间表来推动谈判进展。特朗普回应说："我有关税 概念，Mark有不同的概念。" 而墨西哥、印度和韩国的领导人周二抵达G7参加会议时，特朗普已提前一天离开去处理中 ...

原油： 4. 消息人士：卡塔尔能源已指示船只在装载日之前留在海湾外，否则就应在霍尔木兹海峡外等待。 金十数据整理：每日全球大宗商品市场要闻速递（6月18日） 5. 印尼财政部长：截至五月，印尼平均原油产量为567,900桶/天，天然气产量为987,500桶油当量/天。 6. 消息人士：卡塔尔将6月6月装运的Al-Shaheen原油合约溢价定为每桶2.48美元，为一年以来最高水 平。 1. 意大利总理梅洛尼：对正在进行的贸易谈判表示悲观。 9. 全球最大油轮运营商之一Frontline：Front Eagle号油轮在霍尔木兹海峡附近发生碰撞事件，碰撞事件 与地区冲突无关。 10. IEA月报：将2025年平均石油需求增长预期下调至72万桶/日（之前预估为74万桶/日），将2026年平 均石油需求增长预期下调至74万桶/日（之前预估为76万桶/日）。除非出现重大中断，否则到2030年， 石油市场预计仍将有充足的供应。 天然气： 1. 欧盟提议自2026年1月1日起禁止欧盟液化天然气终端向俄罗斯客户提供长期服务，规则适用于2025年 6月17日之后签订的合同。 2. 卡塔尔外交部发言人：我们谴责以色列对核设施和石油 ...

跟踪全球贸易动向 +订阅 泰国商务部官员：如果在关税暂停结束前未能完成贸易谈判，美国将会延长谈判时间。 ...

Core Viewpoint - The A-share market remains stable despite tensions in the Middle East, continuing a pattern of slow upward movement amidst trade conflict concerns [1][2]. Market Outlook - The window for tariff events is closing, with a new policy window opening in late June, which may lead to a break in the current consolidation pattern if effective policies are implemented [2]. - The market is currently focused on tariff-related expectations, including U.S. court rulings and potential trade negotiations between China and the U.S. [2]. Hot Sectors - Consumption and healthcare sectors are expected to be key areas of focus, with an emphasis on domestic demand expansion as a priority for 2025 [3]. - The robotics sector is anticipated to grow, with advancements in various types of robots and related technologies [3]. - The semiconductor industry is on a path toward domestic production, with attention on equipment, wafer manufacturing, and IC design [3]. - The military industry is expected to see a rebound in orders by 2025, with signs of recovery in various sub-sectors [3]. - The innovative pharmaceutical sector is entering a growth phase after several years of adjustment, with positive profit growth expected [3]. - The AI sector is poised for new catalysts, particularly with updates from emerging models that are competitive with leading international models [3]. Market Review - The A-share market experienced narrow fluctuations, with previous leaders like innovative pharmaceuticals and banking showing signs of adjustment [4]. - Defensive sectors such as coal, utilities, and oil & gas led the market, indicating a shift in investor preference [4]. - Overall, the market maintained a positive earning effect, with over 2200 stocks rising despite some sectors facing declines [4].

商 品 研 究 研 究 所 晨 会 投资咨询业务资格： 证监许可[2011]1771号 分[析Ta师ble_Report] 观 点 精 萃 从业资格证号：F0256916 投资咨询证号：Z0000671 电话：021-68756925 邮箱：jialj@qh168.com.cn 从业资格证号：F03092124 投资咨询证号：Z0018827 电话：021-68758786 邮箱：mingdy@qh168.com.cn 从业资格证号：F3033924 投资咨询证号：Z0013026 电话：021-68751490 邮箱：Liuhf@qh168.com.cn 从业资格证号：F03091165 投资咨询证号：Z0019876 联系电话：021-58731316 邮箱：liub@qh168.com.cn 从业资格证号：F03089928 投资咨询证号：Z0019740 电话：021-68757092 邮箱：wangyil@qh168.com.cn 从业资格证号：F3077183 投资咨询证号：Z0016121 电话：021-68757092 邮箱：fengb@qh168.com.cn 从业资格证号：F0314451 ...