Core Insights - The article highlights that tariff measures are expected to lead to an increase in construction material prices [1] Industry Impact - The anticipated rise in construction material prices could affect overall construction costs and project budgets [1] - Increased costs may lead to a slowdown in construction activities as companies reassess their financial plans [1]

Group 1 - The Federal Reserve's Goolsbee indicated that a new round of tariffs will apply to components and copper, suggesting a shift in trade policy [1] - The review of tariff measures on Europe and Canada is underway, highlighting a potential reassessment of existing trade relationships [1] - The current tariffs have not proven to be beneficial, indicating a need for reevaluation of their effectiveness [1]

Core Viewpoint - The continuous imposition of tariffs may trigger a chain reaction in the economy [1] Group 1 - Federal Reserve Governor Waller expressed concerns that ongoing tariff measures could lead to unintended economic consequences [1] - The potential chain reaction from tariffs could affect various sectors and lead to broader economic implications [1]

德国央行行长、欧洲央行管理委员会成员约阿希姆·纳格尔7月17日表示，美国关税升级可能导致德国经 济失去增长前景。纳格尔表示，美国的关税措施可能"吞没"德国央行此前作出的2026年德国经济增长 0.7%预测。如果美国关税在8月1日生效，那么今明年的经济前景可能会更糟，不仅2025年经济衰退难 以排除，2026年德国经济增长也面临不确定性。（CCTV国际时讯） ...

Core Viewpoint - The Federal Reserve's Daly stated that there is currently no evidence indicating that tariff measures are leading to sustained inflation on a broader scale [1] Group 1 - The Federal Reserve is monitoring the impact of tariffs on inflation but has not observed any significant effects thus far [1]

Core Viewpoint - The CEO of Novartis (NVS.N) stated that any new tariff measures will not impact the earnings guidance for 2025 [1] Group 1 - The company maintains a positive outlook for its performance in 2025 despite potential external economic pressures [1]

美国总统特朗普：（关于巴西）我们正在推进相关关税措施。 ...

巴西副总统Alckmin：我们将努力扭转对巴西不公平的美国关税措施。 ...

Group 1 - The core issue revolves around President Trump's threat to impose tariffs on Japan, South Korea, and 12 other countries, with a specific mention of a potential 25% tariff aimed at reducing the trade deficit [1][3] - Japan's government is actively discussing countermeasures in response to the U.S. tariff threats, indicating the seriousness of the situation and the potential severe impact on Japan's economy if the tariffs are implemented [1][5] - The expansion of tariffs to cover "all goods" represents a significant systemic pressure test for Japan's economic structure, with potential far-reaching impacts across various industries, particularly in the automotive sector [5][6] Group 2 - Prime Minister Kishida's recent statements reflect a strong stance against perceived U.S. aggression, emphasizing the importance of national interests and the need for Japan to assert itself [3][6] - The relationship between Japan and China appears to be improving, with recent diplomatic engagements suggesting a desire for enhanced cooperation and communication, which may provide Japan with alternative economic partnerships amid U.S. tariff pressures [8]

富国银行(WFC.N)首席财务官：关税措施导致客户在借贷和投资方面变得更加谨慎。 ...