欧元区必须为关税对经济增长的直接打击做好准备 金十数据4月14日讯，裕信银行分析师在一份报告中写道，欧元区短期内的经济增长必然会放缓，刺激 措施的提振要到明年才可能出现。根据裕信银行的计算，特朗普总统提出的贸易关税对需求的拖累，以 及更具敌意的政策带来的更大范围的不确定性，将使欧元区在未来一年左右的时间里，每季度的增长率 限制在最低的0.1%-0.2%。分析师们表示："疲弱的增长可能会加大劳动力市场的下行风险，尤其是在制 造业，相对于当前和预期的活动水平，该行业的员工水平仍然很高。"他们说，德国和更广泛的欧盟放 松财政水龙头应该会提供刺激，但要等到明年。 ...

反制！欧盟出手！ 据CCTV国际时讯，当地时间4月9日，欧盟27个成员国投票表决通过了对美国进口产品征收25%关税的反制措 施，以报复特朗普政府3月12日宣布的对欧盟钢铁和铝征收关税的措施。 据悉，欧盟反制措施分阶段实施，首轮将于4月15日生效。据了解，首轮反制措施涉及的商品价值约为210亿欧 元。 欧盟委员会主席冯德莱恩当地时间4月7日表示，欧盟将成立进口监测工作组，并将加强单一市场以应对美国关 税。冯德莱恩同时表示，欧盟已向美国提出对工业品实施零关税。此外，冯德莱恩表示，欧盟对关税谈判持开 放态度，但已准备好进行报复。冯德莱恩还表示，欧盟将像激光束一样聚焦美国以外的83%全球贸易。 今日，全球多数股市大幅下跌，截至发稿，欧股主要指数跌幅均在2%以上。此外，国际油价大幅下跌，ICE布 油日内跌超5%， WTI原油日内跌超6%；美元指数重挫，一度跌超1%。 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | 英国富时100 | 7700.61 | -209.92 | -2.65% | | 法国CAC40 | 6872.31 | -228.11 | -3.21% ...

加拿大表示，其已宣布对部分美国制造的汽车征收25%的反关税，该措施将于当地时间4月9日00:01生 效。对美关税将保持不变，直到美国取消对加拿大汽车行业的关税。 ...

周一跌至1月以来最低水平后，纽约咖啡期货小幅走高，整体市场归于平静，交易员等待美国贸易关税 的明朗化。阿拉比卡咖啡周二一度上涨1.8%，随后回吐了部分涨幅。咖啡期货在过去几个交易日价格 下跌，因美国总统唐纳德·特朗普的关税 —— 包括对主要种植国巴西、越南和哥伦比亚的关税 —— 引 发了对全球经济和需求的担忧。 ...

Core Viewpoint - Nike's stock showed resilience by gaining 3% despite a significant sell-off in the broader market, indicating potential investor confidence amid tariff uncertainties [1][2]. Group 1: Stock Performance - Nike's stock closed up 3% on a day when the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average fell by 6%, 5.8%, and 5.5% respectively, highlighting its relative strength [1]. - The stock's performance is attributed to positive developments regarding tariffs, particularly a productive call between President Trump and Vietnam's leaders [2][3]. Group 2: Tariff Developments - President Trump mentioned a "very productive call" with Vietnam's General Secretary, suggesting potential for a new trade agreement that could reduce tariffs on Vietnamese goods to zero [3]. - Nike has shifted much of its production from China to Vietnam, making the tariff situation a critical factor for its business operations [3][4]. - A 46% tariff on goods from Vietnam is set to take effect on April 9, which could lead to significant price increases for Nike's products, potentially affecting consumer demand [4]. Group 3: Future Outlook - The outcome of trade negotiations between the U.S. and Vietnam is becoming a crucial catalyst for Nike's business performance and valuation [5].

中方敦促美方立即取消单边关税措施，以平等、尊重、互惠的方式，通过磋商解决贸易分歧。 【 热门视频推荐 】 点击在 看 持续关注↓↓↓ 来源|央视新闻 2025年4月2日，美国政府宣布对中国输美商品征收"对等关税"。美方做法不符合国际贸易规则，严重损害中方的正当合法权益，是典型的单边霸凌 做法，既损害美国自身利益，也危及全球经济发展和产供链稳定。 根据《中华人民共和国关税法》、《中华人民共和国海关法》、《中华人民共和国对外贸易法》等法律法规和国际法基本原则，经国务院批准，国务 院关税税则委员会公布公告，自2025年4月10日12时01分起，对原产于美国的所有进口商品加征34%关税。2025年4月10日12时01分之前，货物 已从启运地启运，并于2025年4月10日12时01分至2025年5月13日24时进口的，不加征此次加征的关税。 ...

Report Summary 1) Report Industry Investment Rating - Not provided in the content 2) Core View of the Report - The fundamentals of copper are neutral as smelting enterprises are reducing production while the scrap copper policy has been relaxed, and the manufacturing PMI in March was 50.5%, up 0.3 percentage points from the previous month. The basis shows a discount to futures, which is bearish. Copper inventories increased on April 1st, and the SHFE copper inventory decreased last week, both being bearish. The closing price is above the 20 - day moving average with the 20 - day moving average rising, and the main net position is long but the long position is decreasing, both being bullish. With the Fed slowing down rate cuts, high inventories suppressing copper prices, and trade tariffs causing supply concerns, copper prices are expected to rise in the short - term and then fall [2]. 3) Summary by Related Catalogs Daily View - **Fundamentals**: Neutral. Smelting enterprises are reducing production, the scrap copper policy is relaxed, and the March manufacturing PMI is 50.5%, up 0.3 percentage points from the previous month [2]. - **Basis**: Bearish. The spot price is 79985 with a basis of - 445, showing a discount to futures [2]. - **Inventory**: Bearish. On April 1st, copper inventory increased by 1900 to 213275 tons, and the SHFE copper inventory decreased by 21032 tons to 235296 tons last week [2]. - **Disk**: Bullish. The closing price is above the 20 - day moving average, and the 20 - day moving average is rising [2]. - **Main Position**: Bullish. The main net position is long, but the long position is decreasing [2]. - **Expectation**: Copper prices are expected to rise in the short - term and then fall due to the Fed slowing down rate cuts, high inventories suppressing prices, and trade tariff - related supply concerns [2]. Recent利多利空Analysis - **利多**: Not clearly stated, only mentioned that domestic policy is loose [3]. - **利空**: Not clearly stated, only mentioned that the trade war is escalating [3]. Spot - Information about spot includes the place, middle price, price change, and inventory type, total quantity, and increase or decrease, but specific data is not fully provided [6]. 期现价差 - The foreign market is in a discount structure, while the domestic market is at a premium [7]. Exchange Inventory - The exchange inventory is in a state of destocking [10]. Supply - Demand Balance - In 2024, there is a slight surplus, and in 2025, it is in a tight balance. The Chinese annual supply - demand balance table shows specific data for production, imports, exports, apparent consumption, actual consumption, and supply - demand balance from 2018 - 2024 [20][22].

当地时间3月10日，加拿大两个省份接连宣布两项举措，作为对美国持续威胁对加商品增收关税的报复性措施 的一部分。 此外，该省还表示，征税将给安大略省带来每天30万至40万加元的收入，这笔收入将用于支持工人和企业。 美制酒精饮品，下架！ 当地时间3月10日，加拿大不列颠哥伦比亚省省长戴维·伊比宣布，将下架该省酒类商店内所有美国制造的酒精 饮品。 戴维·伊比表示，此举是为了回应美国持续威胁对进入该国的加拿大商品加征关税，也是为了回应美国总统特 朗普有意重新划定加拿大与美国边界等。 戴维·伊比称，正在通过立法工具，回击即将到来的加征钢铝关税。 输美电力，涨价！ 当地时间3月10日，加拿大经济第一大省——安大略省政府宣布，即日起开始对输美电力征收25%的关税，作 为对美国总统特朗普对加拿大商品征收关税的报复措施的一部分。 安大略省表示，新征关税将使输往美国的电力每兆瓦时增加约10加元。美国从安大略省输入电力的州包括纽约 州、密歇根州和明尼苏达州等北部边境州，共有大约150万客户。安大略省省长道格·福特表示，这些州的家庭 或企业每月的电费将增加100加元。 福特补充说："暂停部分关税，在最后一刻做出豁免——这些都行不通。 ...