Core Viewpoint - The Bank of Canada meeting minutes indicate that cost increases due to trade disruptions may have played a role in commodity price inflation, but there is no clear evidence that retaliatory tariffs have had a direct impact [1] Group 1 - Trade disruptions are contributing to rising costs, which may influence inflation in commodity prices [1] - There is a lack of direct evidence linking retaliatory tariffs to significant economic impacts [1]

华侨银行：中东局势难掀大浪 除非触发石油冲击 订阅原油市场资讯 +订阅 金十数据6月16日讯，华侨银行分析师Vasu Menon在一份研究报告中称，除非引发石油冲击，否则中东 紧张局势不太可能对市场产生持久影响。他表示，市场主要担忧的是伊朗可能会把目标对准全球最重要 的石油运输通道之一——霍尔木兹海峡。不过，这位分析师称，伊朗不太可能采取这种极端行动，因为 这可能会招致其大型石油客户和贸易伙伴的反对。他补充说，伊朗政权也会谨慎行事，避免将美国这样 的超级大国卷入其与以色列的冲突中。他还指出， 未来几天市场可能会出现更多波动，但更重要的或 许是美国在7月9日前关于报复性关税的决定。 ...

Core Viewpoint - The EU and the US trade negotiations are facing delays, with the possibility of extending beyond the July 9 deadline, as the EU is reluctant to make hasty concessions despite the threat of 50% punitive tariffs from the US [1][3][5]. Group 1: Negotiation Status - The EU believes that only a preliminary agreement can be reached by July 9, with further details needing additional negotiations [4][5]. - Recent discussions have focused on key sectors such as steel, aluminum, automotive, pharmaceuticals, semiconductors, and civil aviation, while also addressing tariff and non-tariff barriers [5]. Group 2: Potential Tariffs and Retaliation - If no agreement is reached by the July deadline, the US plans to impose 50% tariffs on nearly all EU exports, which could trigger retaliatory measures from the EU [2][6]. - The EU has warned that retaliatory measures targeting over $100 billion worth of US imports could take effect by July 14 if negotiations fail [7]. Group 3: EU's Retaliatory Measures - The first round of EU-approved tariffs targets $240 billion worth of US goods, focusing on politically sensitive areas such as agricultural products and motorcycles [7]. - A second round of tariffs aims at an additional $950 billion worth of US products, including Boeing aircraft and American-made cars, as a response to the US's "reciprocal tariffs" [8]. Group 4: Legal Context - The US Court of Appeals has allowed the continuation of the current tariff policies during ongoing litigation, which may last several months [9][10]. - The legal battle began after a ruling that deemed Trump's use of emergency powers to impose tariffs as potentially unlawful, with the case now under expedited review [10][11].

加拿大钢铁生产商协会称，需要恢复对美国钢铁的报复性关税。 ...

加拿大钢铁生产商协会：需要恢复对美国钢铁的报复性关税。 ...

Core Viewpoint - The U.S. International Trade Court (CIT) ruled that the International Emergency Economic Powers Act (IEEPA) does not grant the President unlimited authority to impose tariffs, leading to the annulment of related tariff measures [1][7]. Group 1: Court Ruling Details - The CIT combined two cases, one initiated by the Liberty Justice Center on behalf of five small businesses challenging the "reciprocal tariffs" and another by the Oregon Attorney General representing twelve states against global tariffs, retaliatory tariffs, and fentanyl tariffs [3]. - The court confirmed that the IEEPA does not explicitly authorize the President to impose unlimited tariffs, which have significant economic and political implications [4][5]. - The ruling stated that the tariffs imposed by the Trump administration exceeded the authority granted by the IEEPA and violated constitutional principles [6][7]. Group 2: Implications for Trade Policy - The ruling could represent a significant policy shift, particularly benefiting small and medium-sized enterprises that struggle to absorb the costs of tariffs [6]. - The decision emphasizes that trade decisions should not be made unilaterally by the President without Congressional authorization, reaffirming the importance of legislative oversight [4][5]. - The CIT's ruling applies nationwide, affecting all importers, but does not address tariffs authorized under other laws, such as those related to steel and aluminum [7].

这番表态紧随美国和欧盟贸易局势的阶段性缓和。上周日，特朗普与欧盟委员会主席冯德莱恩通话后， 将原定于6月1日对所有欧洲商品加征50%关税的计划推迟至7月9日。 欧盟委员会首席发言人保拉·皮尼奥（Paula Pinho）周一表示，上周日的通话为谈判注入"新动力"。皮尼 奥称，"我们将以此为基础推进。看到双方领导人积极互动是积极信号，我们始终表示准备好达成协 议。" 欧盟委员会对特朗普的最新帖子拒绝置评。 美国财政部长贝森特上周也表示，特朗普发表新关税威胁的目标是为美国与欧盟的贸易谈判"点把火"。 "我以前说过，欧盟在这方面存在集体行动问题，"贝森特在《美国新闻编辑室》（America's Newsroom）节目中说。"这是个由27个国家组成的联盟。所以我得到的一些反馈是，一些国家甚至不知 道欧盟在代表他们谈判什么。" 然而，美国和欧盟通往贸易协议的道路仍然充满荆棘。双方仍有不同的优先事项，这可能会成为迅速达 成协议的障碍。目前尚不清楚谈判桌上的要求或提议是否发生了变化。 周二，美国总统特朗普宣称，其对欧盟加征50%关税的威胁取得成功，因此举促使欧盟加快了谈判进 程。 他在Truth Social上发帖称，"我对 ...

智通财经5月18日电，加拿大财政部长商鹏飞5月17日在社交媒体平台X发文称，加拿大此前对价值数百 亿美元美国商品加征的25%报复性关税中有7成仍然有效。他表示，出于健康和公共安全原因，加拿大 政府"暂时公开暂停对部分商品征收关税"。商鹏飞旨在回应加拿大保守党党魁博励治援引的一份牛津经 济研究院报告。报告称，在宣布对美关税报复措施后，加拿大政府对该国制造业、加工业、食品和饮料 包装业使用的产品，以及与医疗保健、公共安全和国家安全相关的项目实行为期六个月的关税豁免。此 外，汽车制造商也获得优惠，通用汽车等在加拿大从事生产的公司获准免关税进口一定数量汽车。报告 指出，这些豁免意味着加拿大对美国的新增关税税率"几乎为零"。 加拿大对美加征关税经豁免后已"接近零"？加财长澄清：7成报复性关税仍有效 ...

市场消息：加拿大财政部长表示，政府对价值数百亿美元的美国商品维持25%的报复性关税；3月实施 的反制关税中，70%仍在执行。 ...

观察者网消息，日前，在中美会谈取得成果后，一贯对美妥协让步的印度被曝态度突变，提议对美国加 税。但随后不久，美国总统特朗普就公开表示，印度已同意对美零关税。 短短几天，印度对美态度变了又变。这不禁让人质疑：印度，说好的硬气呢？ 见此，印度外长苏杰生急忙出面找补。据印度新德里电视台（NDTV）和美国有线电视新闻网（CNN） 报道，当地时间5月15日，苏杰生表示，印美谈判"很复杂"，一切尚未确定。 报道称，当被问及对特朗普相关表态的看法时，苏杰生回答称："印度和美国之间一直在进行贸易谈 判。这些谈判非常复杂。在一切都尘埃落定之前，一切都无法最终确定。" "任何贸易协议都必须互惠互利，必须对两国都有利，"苏杰生继续表示，"这是我们对贸易协议的期 望。在此之前，对其做出任何判断都为时过早。" 苏杰生15日回应特朗普表态视频截图 苏杰生上述表态，是对特朗普当日早些时候有关美印贸易谈判的表态的回应。 当天，特朗普在卡塔尔首都多哈与企业高管会面时表示："在印度销售产品非常困难，但他们向我们提 出一项协议，基本上愿意不向我们收取任何关税。"特朗普并未透露更多细节，也并未表示美国是否将 降低对印度关税或对印度实施零关税。 特朗 ...