Core Insights - The U.S. Department of Commerce announced a 17.09% anti-dumping tariff on most fresh tomato imports from Mexico, which accounts for 72% of the total supply in the U.S. market, with approximately 90% of these imports coming from Mexico [1][3][4] - The tariff is expected to significantly impact the tomato trade between the U.S. and Mexico, despite being lower than the previously threatened 21% by the Trump administration [1][4] - The U.S. fresh tomato market is heavily reliant on imports, with California and Florida being the main production areas, but facing limitations due to various factors [3][4] Trade Impact - The new tariff will impose a substantial cost on U.S. fresh tomato traders, whose profit margins typically range from 10% to 20%, potentially leading to reduced margins or losses for smaller traders [1][4] - The increase in tariffs may lead to a short-term supply shortage and rising consumer prices for fresh tomatoes in the U.S. market [1][4] Economic Effects - The termination of the tomato suspension agreement could have widespread economic implications, affecting agriculture, warehousing, logistics, grocery, and restaurant industries, with estimates suggesting a potential 10% increase in tomato prices and a 5% decrease in demand [5][6] - The Mexican tomato imports contribute approximately 50,000 jobs and generate $8.3 billion in economic benefits in the U.S. [5] Responses from Stakeholders - Some large food companies are opting to use domestically sourced tomatoes to avoid tariff pressures, while smaller businesses express concerns about potential price increases leading to financial difficulties [6][7] - The Mexican government has strongly opposed the U.S. tariff, claiming it is politically motivated and unfair, and has indicated potential retaliatory measures against U.S. agricultural products [6][7][8] Historical Context - The U.S. has a long history of trade disputes regarding tomatoes with Mexico, dating back to the early 1990s, with the most recent agreement being renegotiated in 2019 [3][4]

Key Points - Gold prices remained volatile last week, with London spot gold closing at $3,355 per ounce (up 0.5% week-on-week) and domestic AU9999 gold at 770 yuan per gram (down 0.3% week-on-week) [1] - The uncertainty surrounding tariffs remains high, as President Trump announced increased tariffs on several countries but postponed implementation until August 1. Additionally, a 50% tariff on imported copper will take effect in August [1] - The People's Bank of China has increased its gold reserves for the eighth consecutive month, reaching 73.9 million ounces (approximately 2,298.55 tons) by the end of June, reflecting the strategic importance of gold as a "non-credit asset" in the global monetary system [1] - Global gold ETF investment demand remains strong, with $38 billion inflows in the first half of the year, marking the strongest semi-annual performance since the first half of 2020. All regions saw inflows, with North American and European investors leading the trend [1] - The outlook for gold remains positive amid U.S. trade protectionism and potential tariff fluctuations, as well as ongoing central bank gold purchases due to U.S. debt and dollar credit concerns [2] - Key signals to watch for gold ETFs in the coming week include trade negotiations and tariff developments, as well as U.S. inflation data for June [3]

据北京日报客户端报道，特朗普在社交媒体上宣布对巴西征收50%关税后，巴西总统卢拉立即反击："巴西不会接受任何人的威胁或干涉。" 特朗普在公开信中提出两个核心指控：美巴存在"非常不公平的贸易关系"导致美国贸易逆差；巴西对前总统博索纳罗的司法调查是"政治迫害"。 巴西政府立即用数据反击。卢拉指出："美国政府自身的统计数据显示，过去15年美国对巴西的货物和服务贸易存在约4100亿美元的顺差。" 巴西副总统兼发展、工业、贸易和服务部长热拉尔多·阿尔克明进一步补充关键事实：2024年美国对巴西贸易顺差达74亿美元；80%的美国对巴出 口商品享受零关税待遇。 "我看不出有任何理由要对巴西提高关税。巴西不是美国的问题。"阿尔克明在记者会上直言，"在美国对我们出口的产品中，十中有八都是零关税 的，不需要缴税。" 美国总统特朗普在社交媒体平台"真实社交"发布致巴西总统卢拉的公开信，宣布自8月1日起对所有巴西输美商品征收50%关税，创下美国对单一 国家征税税率的历史峰值。 美国总统特朗普（资料图） 理由直指巴西"破坏贸易平衡"及干涉美国内政——要求巴西停止对前总统博索纳罗的司法审判。 消息一出，巴西雷亚尔兑美元汇率应声下跌近3% ...

有分析人士指出，和其他收到征税函的国家不同，巴西去年对美国并非贸易逆差，特朗普祭出关税大棒，或是利用关税威胁试图改变巴西的内政决定，属于 典型的歧视性关税。 对于关税的手腕以及带来的收益，特朗普本人则十分满意。他曾豪言，关税正在让美国繁荣，大量新工厂、新工作岗位和数万亿美元的投资涌入美国。 当地时间7月13日，美国总统特朗普又表示，美国上月通过关税政策获得250亿美元收入，主要来自汽车、铝、钢和木材等商品，并强调"这仅仅是个开始"。 特朗普还称美国关税收入将在未来一个月内达到"强劲水平"。 关税冲击波还在持续，特朗普把矛头直指另一个大国——俄罗斯。 当地时间7月14日，特朗普在会见北约秘书长吕特时称，如果无法在50天内达成协议结束俄乌冲突，美国将对俄罗斯实施"非常严厉的、大约100%的关税"。 特朗普称，他对俄罗斯感到不满和失望。 一名白宫官员解释说，特朗普的意思是，如果俄乌50天内达不成协议，美国将对俄罗斯征收100%的关税，对购买俄罗斯石油的国家亦征收关税。有分析指 出，对于依赖俄罗斯化石燃料作为能源计划一部分的国家，比如印度、巴西和土耳其等，可能会付出特别沉重的代价。 近一段时间，特朗普先后致信20多个 ...

Core Viewpoint - The announcement by President Trump to increase tariffs on Philippine exports to the U.S. from 17% to 20% starting August 1, 2025, has shattered the hopes of Philippine President Marcos for U.S. support against China, highlighting the transactional nature of U.S. foreign policy [1][3]. Trade Relations - In 2024, the total value of U.S. imports from the Philippines was $14.178 billion, while exports were only $9.298 billion, resulting in a trade deficit of $4.9 billion for the Philippines [1]. - The Philippines has a high dependency on exports of agricultural products like bananas and coconut oil to the U.S., with over 60% of these exports at risk due to the new tariffs [3]. Economic Impact - The increase in tariffs is expected to raise costs for Philippine exporters, particularly affecting small and medium-sized enterprises with profit margins of only 5%-8% [6]. - The electronics manufacturing sector, which constitutes 35% of the Philippines' exports to the U.S., will face additional costs of $3 for every $100 exported due to the new tariff [6]. Diplomatic Relations - The Philippines attempted to negotiate with the U.S. to mitigate the impact of the tariffs by increasing imports of U.S. agricultural products and expanding exports of semiconductors and other goods [3]. - The U.S. has shown a double standard in its trade policies, as evidenced by a recent agreement with Vietnam to lower tariffs while imposing higher tariffs on the Philippines, despite the latter's smaller trade deficit [4]. Strategic Considerations - The U.S. appears to be using the tariff increase as a means to pressure the Philippines into greater military cooperation, potentially including the opening of more military bases and the deployment of intermediate-range missiles [3]. - The situation reflects a broader trend where countries that align closely with U.S. interests may find themselves at a disadvantage if they do not meet U.S. expectations [8].

美元继续走强 金银趔趄回荡 周一美元指数以97.85点开盘，最高上试98.13点，最低下探97.75点，报收98.08点，上涨240点，涨幅0.25%，振幅0.39%，日K线呈震荡反弹小阳线，创两 周新高。 周一Wellxin贵金指数（金银钯铂）以7034.45点开盘，最高上试7121.41点，最低下探6941.20点，报收6963.68点，下跌72.64.85点，跌幅1.03%，振幅 2.56，日K线呈冲高回落小阴线。 周一国际现货银价下跌0.67%，报收38.13美元；现货铂金价格下跌2.8%，报收1360.10美元；现货钯金价格下跌2.78%，报收1182.25美元。 美元突破月线反压继续反弹，创两周新高，商品与贵金属市场全面承压。贵金属中，商品属性越强的品种，下跌幅度越大，体现了美元金融属性与商品市 场之间的正常关系。但美元与贵金属各品种中期运行趋势，尚未受到根本影响。 CPI今晚登场如何搅局？ 2025年07月15日 威尔鑫投资咨询研究中心 （文） 首席分析师 杨易君 来源：杨易君黄金与金融投资 周一国际现货金价以3355.41美元开盘，最高上试3374.63美元，最低下探3340.92美元，报收3 ...

Core Viewpoint - The article highlights the strong stance of Germany's Vice Chancellor and Finance Minister Lars Klingbeil against the escalating trade protectionism from the United States, indicating that the EU will take "decisive" measures in response to failed negotiations [1][3]. Group 1: EU's Response to US Trade Policies - The EU has extended an olive branch for negotiations but will not accept unilateral pressure from the US [3]. - Klingbeil warns of "decisive countermeasures," emphasizing that the EU will not tolerate being in a weak or passive position during tariff negotiations [3][6]. - The EU's response is framed as a necessary action to maintain the stability of the multilateral trade system against US unilateralism [3][6]. Group 2: Economic Implications - The trade conflict is not just a matter of numbers and tariffs but reflects deeper economic hegemony and strategic competition [3][6]. - An escalation of the trade war could lead to higher costs and uncertainties for businesses and consumers on both sides, potentially destabilizing global supply chains [4]. - The EU's financial and market strength may not fully shield it from the negative impacts of trade tensions [4]. Group 3: Strategic Choices and Future Outlook - The EU's shift towards a more aggressive stance indicates a need to actively defend its economic interests rather than relying solely on dialogue and compromise [6][8]. - The trade policies of the US and EU will significantly influence global supply chains and market confidence, with any concessions or hardline stances likely to trigger chain reactions [6][8]. - The article suggests that the EU's "decisive countermeasures" could compel the US to reconsider the costs of its unilateral actions, potentially leading to renewed negotiations [8].

据环球时报报道，欧盟近期在预算提案中删除数字税选项，美国却宣布8月1日起对欧盟产品加征30%关 税。这记关税大棒落下前，欧盟已做出不少让步。为与美国达成协议，欧盟明确表示在数字税方面让 步，甚至考虑放弃。要知道，欧盟互联网企业多为美国公司，取消数字税相当于直接向美国妥协。 欧盟官员曾自信认为，让利后特朗普不会再为难，关税协议很快能达成，马克龙也期待一份更公平的协 议。可现实是，公平协议没等来，30%的关税威胁先到了。特朗普不仅加征关税，还在社交媒体放话， 要求欧盟无条件开放市场，不能有任何异议。若欧盟反制，美国会在30%关税基础上进一步加码。这意 味着，30%只是起步，欧盟要么任其拿捏，要么面临更重税负。 特朗普（资料图） 欧盟如今的处境，与其自身的判断失误不无关系。此前，欧盟取消与中国高层的商务会谈，面对中国对 白兰地反倾销的确认，欧盟及马克龙还表态要对中国更强硬，选择站队美国一起对付中国。却忘了特朗 普早说过，欧盟比中国更让他不爽。在特朗普眼中，盟友不过是可利用的棋子，利益至上才是根本。当 下的欧盟腹背受敌。前方有俄乌冲突持续消耗，背后要应对中国产业升级带来的竞争，现在又被美国用 关税收割。 大众汽车已曝 ...

特朗普威胁对22个国家加征关税后，许多国家开始寻求和解。然而，首个真正与美国对抗的领导人终于 出现——一位80岁的老人挺身而出，带头反击。 ——·80岁总统硬钢美国·—— ——·前言·—— 2025年7月，特朗普再次在全球贸易领域掀起风暴。7月7日和9日，他相继对22个国家实施新一轮关税， 其中包括日本、韩国以及多个东南亚国家。特别是巴西，成为他这次关税政策的重点，关税被提升至惊 人的50%。这使得巴西成为这次关税风暴中的头号目标。日韩的关税上调25%，柬埔寨和泰国则遭遇高 达36%的税收。 而就在各国纷纷忙着寻求妥协时，巴西总统卢拉，一位曾经历过监禁却始终保持坚定信念的政治家，毫 不退缩地发声。7月9日，他公开表示：巴西绝不允许任何国家对其施加控制！面对特朗普的关税威胁， 卢拉高调宣布将依据巴西的《商业互惠法》进行强力反击。这一举动让全球哗然，卢拉用实际行动告诉 世界：在面对霸权主义时，骨气远胜妥协。事实上，卢拉早在不久前的金砖峰会上就曾直言不讳地讽刺 特朗普：世界已经发生了巨大变化，现在的世界不再需要一个"皇帝"来主宰一切！ ——·巴西反击·—— 特朗普或许以为，50%的关税足以让巴西屈服，然而他错了。卢 ...

【环球时报综合报道】"强劲的出口提振了中国经济，中国经济增长速度预计将超过政府设定的目标。"美国彭博社14日称。中国海关总署当天发布的数据显 示，今年上半年，我国货物贸易进出口21.79万亿元人民币，同比增长2.9%，创历史同期新高。其中出口13万亿元，增长7.2%；进口8.79万亿元，下降 2.7%。日本《朝日新闻》称，中美贸易战在今年4月激化，美国对中国商品加征的关税税率一度高达145%，中国对美出口连续3个月同比下降，但中国通过 拓展其他市场，依然实现了出口增长。同期，中国对东盟、欧盟、韩国、日本等国家和地区的进出口都实现了增长。《华尔街日报》称，中美5月会谈后达 成关税休战协议，贸易紧张局势缓和，中国6月份的出口增长速度加快，超出市场预期。15日，中国国家统计局将发布另一项重要数据：2025年上半年国内 生产总值（GDP）数据。彭博社等多家外媒认为，出口增速加快，进口增长恢复，国内消费提振，这一系列积极信号有助于中国实现2025年GDP增长"5%左 右"的预定目标。 数据显示，东盟继续稳居我国第一大贸易伙伴地位。今年上半年，中国对东盟进出口总值为3.67万亿元，同比增长9.6%。在日前召开的中国—东盟 ...