Core Viewpoint - President Donald Trump has abandoned the threat of imposing a 50% tariff on EU imports, allowing more time for negotiations between Washington and the 27 EU countries [1] Group 1: EU Exports to the US - In 2024, the US is the largest export partner for the EU, accounting for 20.6% of EU exports [1] - The top three countries exporting from the EU to the US are Germany (€161 billion, approximately $182.6 billion), Ireland (€72 billion), and Italy (€65 billion) [3] - The main products exported from the EU to the US include pharmaceuticals (€120 billion), automobiles (€40 billion), and aircraft and related equipment [3][4] Group 2: Pharmaceuticals - In 2024, the EU exported approximately €120 billion worth of pharmaceutical products to the US [3] - Major pharmaceutical companies in the EU include Novo Nordisk, Bayer, Roche, and Novartis [3] Group 3: Automobiles - The EU exports about 750,000 cars to the US annually, valued at approximately €40 billion, representing 14% of the EU's total automotive production [4] - Major car manufacturers affected by US trade policies include Mercedes-Benz, Stellantis, and Volvo [4] - Volkswagen is significantly impacted by tariffs due to its high-end Audi brand not being produced in the US, but plans to announce production of some best-selling models in the US [4] Group 4: Aircraft and Equipment - Airbus is the second-largest exporter in France, with about 12% of its aircraft sold to the US, some of which are assembled locally [5] - CFM International, a major supplier for Airbus and Boeing, is co-owned by Safran and GE Aviation [5] Group 5: Alcohol and Beverages - In 2024, the EU exported approximately €9 billion worth of alcoholic beverages to the US, with European spirits valued at €2.9 billion [9] - Major European beverage producers include Heineken, Diageo, and Carlsberg [9] Group 6: Cosmetics - The EU exported cosmetics, perfumes, and personal care products worth approximately $10.47 billion to the US in 2024 [10] - French company L'Oréal exports about €2.5 billion worth of cosmetics to the US annually [11] Group 7: Luxury Goods - About one-quarter of products from major luxury goods groups are aimed at US consumers, with smaller brands having varying market shares [12] - The French luxury goods industry is the largest globally, employing over 600,000 people [13] - The luxury goods sector is significantly affected by US tariffs, as companies have limited ability to shift production to the US [14]

Group 1 - International gold prices are experiencing slight fluctuations, currently trading at $3347.39 per ounce, with a decrease of 0.29% [1] - The US dollar index is hovering near a one-month low, currently around 98.81, with a focus on the support level at the lower Bollinger Band around 98.66 [1] Group 2 - US Treasury Secretary Mnuchin stated that President Trump believes the quality of the EU's trade proposals is insufficient, threatening to impose a 50% tariff on EU goods starting June 1 to pressure the EU in negotiations [2] - US and Iranian negotiators held talks in Rome aimed at limiting Iran's nuclear program, with concerns that failure to reach an agreement could impact oil supply and potentially lead to military action against Iran [2] - Federal Reserve's Goolsbee indicated that there is still a possibility of lowering borrowing costs in the next 10 to 16 months, but the threshold for recent rate cuts is "slightly higher" [2] Group 3 - Technical analysis of gold indicates a short-term consolidation phase, with resistance encountered between $3340 and $3360, while maintaining an overall medium-term upward trend as long as prices stay above $3300 [2] - If gold prices can regain stability above $3370, there is potential to challenge the yearly high of $3500 [2]

Group 1 - The article discusses the potential imposition of a 50% tariff on EU products by the U.S. starting June 1, as suggested by President Trump, citing unfair trade practices by the EU [1] - The EU has not yet commented on this new threat and is awaiting discussions between EU trade officials and U.S. representatives [1] - Following the announcement, European stock markets fell sharply, with major indices in the UK and Germany dropping over 1.5%, and luxury goods stocks like LVMH and Hermès declining more than 3% [1] Group 2 - The European luxury goods industry, which includes products like handbags and fashion, is highly sensitive to overseas markets, with the U.S. being a key growth area for the sector this year [2] - France and Italy are the largest exporters of luxury goods to the U.S., with the French luxury sector employing over 600,000 people [2] - Bernard Arnault, chairman of LVMH, emphasized the need for the EU to soften its stance on U.S. trade demands to avoid high tariffs and protect European jobs, as the U.S. market accounts for 25% of LVMH's annual sales [2] - Industry experts indicate that establishing manufacturing facilities in the U.S. to circumvent tariffs is currently impractical due to a lack of skilled labor and expertise [2] - A recent S&P report highlighted that the luxury goods sector is one of the most affected by U.S. tariffs, suggesting that price adjustments may be the primary method for companies to mitigate tariff impacts, although some brands may have limited pricing power due to consumer purchasing capacity [2]

智通财经5月24日电，巴西央行行长表示，必须在更长时间内实施紧缩政策才能使CPI达到目标水平， 贸易关税和不确定性对经济产生负面影响。 ...

美国总统特朗普，又发出关税威胁！ 周五美股盘前，苹果公司股价大跌近4%。当天，特朗普威胁称，如果iPhone不在美国制造，将对苹果征收25% 的关税。 另外，特朗普表示，建议自6月1日起对欧盟征50%的关税。受该言论影响，欧美股市跌幅扩大， 纳指期货跌 超2%，标普500指数期货跌超1%。法国CAC40指数大跌3%，德国DAX30指数、欧洲斯托克50指数、意大利 富时MIB指数跌超2%。 特朗普称，他早就告诉苹果CEO蒂姆·库克，希望其在美国销售的iPhone将在美国制造和生产的，而不是印度 或其他任何地方。 受上述消息打压，苹果公司股价在美股盘前跳水，跌幅一度接近4%。今年以来，苹果公司的股价持续下跌， 至今跌幅超过19%，总市值蒸发近7600亿美元，即将跌破3万美元关口。 特朗普表示，他与库克进行了交谈，以劝阻他扩大在印度的生产，矛头直指苹果的多元化生产计划。特朗普 称，"我跟库克之间出了点小问题。"特朗普表示："他（库克）正在印度各地建厂。我不希望苹果在印度建 厂。"特朗普称，此次谈话的结果是，苹果将"提高在美国的产量"。 特朗普：建议对欧盟征50%的关税 5月23日，美国总统特朗普在其自创的社交平台上 ...

欧元区经济在5月意外萎缩，服务业表现跌至16个月以来最差水平，制造业的小幅改善被服务业的下跌所抵消。 22日，S&P Global发布的采购经理人指数（PMI）显示： "欧元区经济似乎难以站稳脚跟。" 法国的经济活动已连续9个月萎缩，综合PMI仅从4月份的47.8小幅上升至48，依旧远低于50的门槛。德法服务业活动均出现下跌。 数据发布后，货币市场加大了对欧洲央行今年将再降息两次的押注。对政策敏感的德国两年期国债收益率下跌3个基点至1.84%。欧元兑美元汇率扩大 跌幅，一度下跌0.3%至1.1296美元。 欧元区私营部门活动意外收缩，服务业表现疲软是主要拖累 根据S&P Global的数据显示，欧元区5月私营部门活动意外萎缩。汉堡商业银行的经济学家Cyrus de la Rubia表示： 他指出，虽然服务业的国外需求有所放缓，但国内需求的疲软才是拖累该行业的主要原因。服务业的疲软表现是导致整体PMI下降的关键因素，这预示 着欧元区经济复苏的道路将更加艰难。 5月份欧元区制造业的表现好于服务业，这是自疫情爆发以来首次出现的情况。De la Rubia认为，这可能与应对美国贸易关税的措施有关，而较低的油 价也可能 ...

克里姆林宫：（对欧盟立法者提出对俄罗斯化肥大幅加征关税的建议）欧盟将因此获得价格更高、质量 更低的化肥。 ...

智通财经APP获悉，欧元区5月私营部门活动意外萎缩，服务业创16个月来最差表现。标普全球周四公 布的数据显示，欧元区综合采购经理人指数(PMI)从4月的50.4降至5月的49.5，跌破50的荣枯线。分析师 此前预计该指数将小幅升至50.6。 欧元区私营部门5月份萎缩 今年前几个月，欧元区20国经济表现稳健，尽管贸易不确定性抑制了企业投资和家庭支出，但仍超出预 期。然而，2025年的增长可能会受到限制，欧盟委员会本周预测 GDP 将增长0.9%。 增长动力主要来自该地区两大经济体之外的国家。德国的PMI同样令分析师意外，因服务业表现疲软而 跌破50。与此同时，法国的PMI连续第九个月低于荣枯线。 下个月，该地区可能会得到提振，分析师预计欧洲央行将在此轮周期中第八次下调存款利率，至2%。 进一步的货币宽松政策是否跟进，将取决于美国的贸易政策。欧洲央行官员将在季度展望中公布几种情 景，以更好地了解潜在结果。 汉堡商业银行经济学家Cyrus de la Rubia在一份声明中表示："欧元区经济似乎始终难以站稳脚跟。虽然 服务业的外部需求正在减弱，但拖累该行业的主要因素似乎是疲软的国内需求。" 长期以来的制造业疲软是部 ...

新西兰财政部长：贸易关税将影响经济复苏的速度，预计新西兰2025/26财年的国内生产总值预计 2.9%，2026/27财年增长3.0%。 ...

金十数据5月21日讯，当地时间5月20日，墨西哥经济部长埃布拉德表示，根据美国贸易代表办公室当日 公布的措施，在墨组装并出口至美国的汽车将适用15%的平均关税税率，而非25%的基准税率。最终税 率将取决于美墨加协定框架下出口车辆制造商及其具体车型。埃布拉德表示，这是墨美官员每周会谈的 成果，并透露本周内将再赴华盛顿继续谈判。据悉，墨西哥生产的轻型车辆超80%出口至美国。 （央 视） 墨经济部长：在墨组装并出口美国汽车将支付15%关税 ...