Core Viewpoint - Volvo Cars reported its first quarterly loss since going public in 2021, primarily due to high restructuring costs and U.S. tariffs, with a significant one-time non-cash impairment charge of 11.4 billion Swedish Krona [1][5] Financial Performance - In Q2, Volvo Cars recorded an operating loss of 10 billion Swedish Krona, significantly below market expectations of a profit of 2.3 billion Swedish Krona [1][4] - Revenue decreased by 8% year-on-year to 93.5 billion Swedish Krona, driven by declining retail sales in markets like Europe [4] - Excluding one-time items, the core operating profit was 2.9 billion Swedish Krona, which, while down from 8 billion Krona year-on-year, exceeded analyst expectations [5] Strategic Adjustments - In response to U.S. tariffs, Volvo plans to start local production of its best-selling XC60 SUV at its South Carolina plant by the end of 2026 to mitigate high import duties [3][6] - The company is withdrawing sedans and station wagons from its U.S. product line due to reduced market interest and tariff impacts [6] - CEO Håkan Samuelsson emphasized the need to better utilize the South Carolina facility as a strategic asset and adapt the product strategy to the current tariff environment [6] Industry Context - Volvo's performance is seen as a bellwether for the automotive industry, which is facing challenges from macroeconomic conditions, tariff uncertainties, and increasing competition [6] - The company is also dealing with internal challenges, including delays in the launch of its flagship EX90 SUV and software issues, prompting a global workforce reduction of 3,000 employees to cut costs [6]

市场消息：巴西总统卢拉将于周四向全国发表关于美国关税的讲话。 ...

意大利商界领袖：美国关税达30%将对意大利经济造成375亿欧元的影响。 ...

Group 1 - Japan's manufacturing confidence has slightly improved in July, with the manufacturing sentiment index rising from +6 in June to +7 in July, driven by a recovery in the semiconductor industry [1] - The service sector sentiment index has remained unchanged at +30 for the third consecutive month, indicating stability in service industry confidence [1] - The electronic machinery sector index improved from -16 in June to -4 in July, while the chemical sector index rose from +12 to +18, attributed to better chip demand [1] Group 2 - The transportation machinery sector index, which includes Japan's key automotive industry, decreased from +20 in June to +9 in July, with concerns over the impact of a 25% U.S. tariff on exports and costs [1] - Overall service sector confidence showed mixed results, with wholesalers experiencing improved confidence, while sectors such as real estate, retail, IT, and transportation saw declines compared to June [1]

加拿大总理：美国关税可能会长期存在 金十数据7月16日讯，加拿大总理卡尼在接受《华尔街日报》采访时表示，美国的关税可能会长期存 在。目前有大量迹象表明，任何国家或地区想要通过谈判完全摆脱美国关税都十分困难。Forexlive分析 师表示，特朗普正在享受美元的流入，并希望当前的通胀只是暂时现象，而非持续性问题。因此，关税 降至零几乎不可能实现。从8月1日起，美国将对加拿大征收35%的关税。尽管可能还有一些谈判空间， 但预计最终的关税水平可能会落在10%-20%之间。特朗普希望企业能自行消化大部分关税成本，他认为 这些关税实际上就是在美国做生意所需缴纳的一种税。 ...

智利国家铜业委员会：智利委员会不知晓美国关税细节。 ...

巴西副总统Alckmin：巴西总统卢拉成立了工作组，与私营部门讨论美国关税事宜。首次会议将于周二 上午举行。周二的第二场会议将仅涉及农业企业代表，其他会议将随后举行。 ...

丹麦外交大臣：欧洲应该准备好使用"工具箱中的所有工具"回应美国关税。 ...

泰国财政部：准备2000亿泰铢的软贷款，以缓解美国关税的影响。 ...

Core Viewpoint - The Brazilian Ministry of Finance states that the impact of a 50% tariff from the United States will be concentrated in specific industries, with limited effects on growth expectations for 2025 [1] Industry Impact - The 50% tariff is expected to primarily affect certain targeted sectors rather than the overall economy [1] - The overall growth forecast for 2025 remains largely unchanged despite the potential tariff implications [1]