【资讯导读】 ·美国关税收入在7月创出新高 ·美国总统特朗普再次督促美联储降息 ·美财长：特朗普对美联储主席人选持"开放态度" ·澳洲联储将利率下调25个基点至3.60% 【市场资讯】 ·美国7月关税收入达280亿美元，同比增长273%，创出新高；经日历调整后，当月预算赤字达到2910亿 美元，较去年同期扩大了10%。 ·美国总统特朗普再次督促美联储降息，并威胁称正考虑允许对美联储主席鲍威尔提起重大诉讼，理由 是美联储总部翻修工程成本严重超支。 ·美国总统特朗普会晤英特尔CEO陈立武后，不再要求其辞职，称赞其奋斗史"惊人"，双方期待紧密合 作。 ·美国财长贝森特表示，美联储应考虑在9月降息50个基点。希望找到一个可以"革新"美联储的人。特朗 普对美联储主席人选持"开放态度"。 ·澳洲联储将利率下调25个基点至3.60%，为2023年4月以来最低水平，符合市场预期。这是澳洲联储今 年第三次降息，该行表示未来决策将取决于经济数据表现。 ·美国7月CPI同比持平于2.7%，低于预期的2.8%；7月核心CPI同比上涨3.1%，高于预期的3%，创2月份 以来新高。 ·英国7月就业人数减少8353人，为今年1月以来最小降 ...

本财年至今，关税收入已达1420亿美元。今年6月，关税收入的大幅增长曾帮助美国政府实现罕见的月 度盈余(270亿美元)，这是自2015年以来首次在6月实现财政盈余。财政部长斯科特·贝森特表示，2025年 全年关税收入有望达到3000亿美元。 与新冠疫情前相比，公共债务的利息成本以及医疗保险和社会保障支出的增加，仍是赤字扩大的主要推 手。 智通财经APP获悉，美国7月关税收入创下月度新高，但这一增长未能阻止月度预算赤字扩大，凸显出 联邦政府持续面临的财政挑战。美国财政部周二发布的数据显示，上月关税收入攀升至280亿美元，较 去年7月激增273%。与此同时，经日历差异调整后，7月月度预算赤字为2910亿美元，较去年同期增加 10%。 尽管如此，多数经济学家及无党派的国会预算办公室(CBO)均认为，美国总统唐纳德·特朗普上月签署的 标志性税收与支出法案，将在未来十年加剧美国的财政赤字。 随着本财年(截至9月)临近尾声，美国正走向又一个巨额赤字。财政部官员在电话会议中告知记者，本 财年前10个月(截至7月)的赤字规模为1.63万亿美元。经日历差异调整并剔除2024年收到的递延税款影响 后，这一数字较上一财年同期收窄4 ...

Group 1 - The core point of the article highlights that despite a record increase in tariff revenue, the U.S. government continues to face significant fiscal challenges, with a growing monthly deficit [1][3][4] - In July, customs tariff revenue reached $28 billion, a staggering 273% increase compared to the same month last year, yet the monthly deficit still amounted to $291 billion, marking a 10% rise year-over-year [1][4] - The total tariff revenue for the current fiscal year has reached $142 billion, indicating a strong impact of trade policy on government income [4] Group 2 - The cumulative deficit for the first ten months of the fiscal year 2025 stands at $1.63 trillion, suggesting that this fiscal year may become the third most severe in U.S. history for fiscal deficits, following the pandemic years of 2020 and 2021 [6] - Interest expenses have surged, with July alone seeing $91.9 billion in interest payments, leading to a record total of $1.019 trillion in interest expenses for the first ten months of the fiscal year [9][11] - The total interest on U.S. debt has become the second-largest category of government spending, surpassing defense, income security, and healthcare expenditures, only behind Social Security [11]

Group 1 - The core point of the article highlights that the U.S. tariff revenue reached a record high of $28 billion in July, marking a year-on-year increase of 273% [1] - For the first ten months of the fiscal year, the budget deficit stands at $1.63 trillion [1] - After adjusting for calendar differences, the budget deficit for July was $291 billion, which is a 10% increase compared to the same period last year [1] Group 2 - Treasury Secretary Becerra indicated that total tariff revenue for the year 2025 could reach $300 billion, with the possibility of being even higher in 2026 [1]

数据周报80（2025年7月28日-8月3日） 1.美国6月关税收入同比上涨320% 2.如何看待美国非农数据的大幅修正？ 3.国债恢复增收增值税有什么影响？ 4.中国离结比将上升至历史最高水平 5.下半年通胀会出现大幅反弹吗？ 6.宏观债务杠杆率首次突破300% 7.如何看待美国最新的"对等关税"？ 从数据层面观察，特朗普本轮贸易战可以说是已 "初见成效"。据智本社数据中心统计，2025 年 6 月美国商品贸易逆差显著收窄至 868 亿美元，较上月减 少 67 亿美元，较 2024 年同期减少 53 亿美元，这一表现明显超市场预期，展现出贸易失衡状况有所改善。 与此同时，美国进口商 6 月支付的关税收入持续攀升，单月已突破 266 亿美元，较上月增加 45 亿美元，较 2024 年同期更是激增 203 亿美元。 以当前数据趋势推算，未来关税每年将为美国带来超过 2000 亿美元的巨额财政收入。特朗普政府的政策是对外征税，对内减税。结合美国当前的财政状 况来看，这一重要收入来源对政府财政的支撑作用显著，未来无论哪一届政府，恐怕都难以轻易放弃。 2.如何看待美国非农数据的大幅修正？ 正文 1.美国6月关税收入同 ...

美国总统特朗普：关税收入可能会给美国人带来红利或分红。 ...

Core Viewpoint - President Trump expressed a desire to use tariff revenues to pay down national debt and indicated a willingness to "return" these funds to the American public [1] Group 1 - The statement highlights the administration's approach to tariffs as a potential source of revenue for addressing national debt [1] - The intention to "return" tariff income to citizens suggests a populist strategy aimed at gaining public support [1]

Core Viewpoint - The U.S. Treasury will increase tariff revenue by $200 billion next month, as stated by President Trump [1] Group 1 - The increase in tariff revenue is part of the government's strategy to bolster financial resources [1]

Core Viewpoint - The U.S. economy is showing strong growth as indicated by GDP data, and the Federal Reserve is expected to respond to this data soon [1] Group 1: Economic Indicators - GDP data indicates robust economic growth [1] - The Federal Reserve is highly data-dependent and is anticipated to catch up with economic trends shortly [1] Group 2: Government Policies - The White House emphasizes the importance of tariff revenue in reducing the deficit [1] - Agreements with the European Union and Japan are seen as beneficial for promoting capital expenditure [1] - There is a hope for India to open its market to the U.S. [1]

美国白宫国家经济委员会主任哈塞特：关税收入对削减赤字很重要。 ...