Core Insights - Republican lawmakers are urging President Trump for additional farm relief and support for agricultural equipment manufacturers due to the adverse effects of his tariff policies on farmers and the equipment industry [1][2][3] Group 1: Impact of Tariffs on Farmers - Farmers are experiencing financial strain due to Trump's tariff policies, which have negatively affected their reliance on exports, particularly to China [2] - The combination of low commodity prices and high input costs, such as fertilizer, has forced farmers to reduce spending, impacting their ability to purchase new equipment [2][3] - The demand for new equipment has decreased, leading to layoffs at major manufacturers like Deere [2] Group 2: Manufacturer Perspectives - Deere's agriculture division president noted that the U.S. market is under significant pressure due to trade flow disruptions and escalating internal costs [3] - The Association of Equipment Manufacturers expressed concern that high tariffs on essential parts could inadvertently harm farmers and increase costs for consumers [3] Group 3: Legislative Actions and Proposals - Senator Chuck Grassley has communicated with the White House and relevant departments, advocating for targeted relief from tariffs for equipment manufacturers [4] - Other Republican senators, including John Hoeven, have discussed the need for aid to farmers regarding equipment costs during meetings with Trump [5] - Trump has suggested reducing regulatory burdens on equipment manufacturers to lower costs, contingent on those companies reducing their prices [6] Group 4: Challenges Ahead - There is skepticism about the feasibility of increasing farmers' income to enable them to purchase new equipment, given the already tight margins in farming operations [7][8]

美联储主席鲍威尔表示，当前通胀水平超出2%目标的主要原因，是特朗普总统推行的进口关税上 调。"当前通胀超调，主要就是由关税引起的"。他重申，关税对通胀的影响很可能是一次性的价格上 扬，而非持续性的通胀压力。 ...

这些随新政策声明一同发布的季度预测，将为明年5月接替美联储主席鲍威尔的人设定基准预期，并相 当于给美国总统特朗普重返白宫后的这关键第一年开出的一份成绩单。 特朗普2024年总统竞选的核心议题——围绕通胀和负担能力的问题仍未解决。这位共和党总统在经济方 面的支持率正在下降，截至9月，食品价格同比上涨2.7%，而他在1月重掌大权时这一数字还不到2%。 此外，高房价和高抵押贷款利率相结合，使许多人无法触及住房所有权。 然而，今年早些时候一些最糟糕的预期结果并未成为现实。当时特朗普最初的"解放日"关税计划引发了 关于全球贸易崩溃、价格上涨与高失业率这一致命组合，甚至存在关于"圣诞购物季被取消"的讨论。 9月份美国失业率维持在4.4%的温和水平，这是目前可获得数据的最新月份。经济增长前景也有所改 善。尽管整体通胀率仍高于美联储2%的目标，但有合理的理由认为明年可能会有所缓解。 AI播客：换个方式听新闻 下载mp3 音频由扣子空间生成 美联储官员将于北京时间周四发布新的经济预测，为一个动荡的年份画上句号。 这一年，原本寄望的从通胀中"软着陆"，因关税上涨和移民打击导致工人供应受限而演变为价格压力的 重燃，而美联储在大部分 ...

IMF预计，中国经济在2025年和2026年将分别增长5.0%和4.5%。相较10月《世界经济展望》，上 述预测值分别上调了0.2个和0.3个百分点，主要原因是中国采取了值得欢迎的宏观经济刺激措施，且 美方对华关税低于预期水平。 来源｜葛唯尔 编辑 ｜ 钉钉 12月10日，国际货币基金组织（IMF）完成了2025年中国第四条款磋商访问。 ...

特朗普为关税辩护：“正是因为关税的便捷与快速实施，我们的国家安全才得到极大增强，我们也成为了当今世界金融实力最强的国家。只有那些阴暗邪恶的势力，才希望看到这一切终结！”“对美国国家安全最大的历史性威胁，将是美国最高法院就关税问题作出的不利裁决。届时，我们在经济上将毫无防御能力。” https://t.co/wjUPMdQxKn ...

蓄势待发 向新而行 — 2026 年宏观经济展望 [Table_Date] 2025 年 11 月 28 日 [Table_Author] 分析师： 杜征征 执业证书编号：S1380511090001 联系电话：010-88300843 邮箱：duzhengzheng@gkzq.com.cn GDP 0 2 4 6 8 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03 2024-06 2024-09 2024-12 2025-03 2025-06 2025-09 % GDP:当季同比 资料来源:Wind，国开证券研究与发展部 M2&社融 [T相关报告 able_Report] 1．《三季度 GDP 符合预期 供给持续快于需求 —9 月及三季度经济数据点评》 2．《短期稳增长压力有所加大—10 月经济数据 点评》 3．《通胀修复上行 关注需求复苏》 [Table_Summary] 内容提要： 近一年来关税问题对全球经济的扰动有所加大。在新的不确定性 环境下，多个经济体纷纷推出应对措施，经济前景也相应有所变 化。随后有关各方达成了相关协议，加征关税的一 ...

Core Insights - U.S. pressure has reinforced the rival's position as the world's essential manufacturing hub, resulting in a trade surplus exceeding $1 trillion [1] Group 1 - The rival's status as the world's indispensable factory floor has been solidified due to U.S. pressure [1] - The trade surplus of the rival has surpassed $1 trillion, indicating significant economic strength [1]

特朗普公布了一项针对美国农民的120亿美元援助计划。特朗普表示，这项援助计划的资金将来自于关税收入，目的是支持这一重要的投票群体。特朗普当天还威胁要对墨西哥额外征收5%的关税，指责其违反水资源共享条约。特朗普警告称，如果他认为有必要，将对来自加拿大的化肥征收高额关税。外汇交易员 (@myfxtrader):特朗普称，墨西哥违反1944年水条约，欠德克萨斯州130万英亩英尺的水。美国已停止对墨西哥蒂华纳输水，并将升级措施，包括关税与制裁，直至墨西哥履行条约。 https://t.co/IOZHMucfKm ...

Group 1: Report Industry Investment Rating - No relevant information provided Group 2: Report's Core View - Platinum is expected to continue oscillating, while palladium is expected to fluctuate within a narrow range [1] Group 3: Summary Based on Related Catalogs Platinum and Palladium Fundamental Data - **Price**: Platinum futures 2606 closed at 442.30 with a 0.60% increase; the gold exchange platinum closed at 435.32 with a 0.26% increase; the New York platinum continuous contract closed at 1655.10 with a -0.32% decrease; the London spot platinum closed at 1635.00 with a -0.41% decrease. Palladium futures 2606 closed at 381.75 with a 0.66% increase; the RMB spot palladium closed at 355.00 with a -4.05% decrease; the New York palladium continuous contract closed at 1502.00 with a 1.25% increase; the London spot palladium closed at 1457.12 with a 0.07% increase [1] - **Trading Volume and Open Interest**: The trading volume of Guangzhou platinum was 25,037, an increase of 2,466 from the previous day, and the open interest was 65,408, an increase of 53,143. The trading volume of NYMEX platinum was 24,655, an increase of 1,820, and the open interest was 61,853, a decrease of 1,473. The trading volume of Guangzhou palladium was 4,728, a decrease of 4,841, and the open interest was 17,736, an increase of 14,369. The trading volume of NYMEX palladium was 3,606, a decrease of 788, and the open interest was 19,292, an increase of 85 [1] - **ETF Holdings**: The platinum ETF holdings (ounces) (previous day) were 3,124,461, an increase of 2,519. The palladium ETF holdings (ounces) (previous day) were 1,093,932, an increase of 16,431 [1] - **Inventory**: The NYMEX platinum inventory (ounces) (previous day) was 614,713, a decrease of 232. The NYMEX palladium inventory (ounces) (previous day) was 176,705, an increase of 4,315 [1] - **Price Spreads**: The spread of PT9995 to PT2606 was -6.98, an increase of 1.35 from the previous day. The spread of Guangzhou platinum 2606 contract to 2610 contract was -1.05, a decrease of 0.95. The cost of the inter - period arbitrage of buying Guangzhou platinum 2606 and selling 2610 was 5.51, an increase of 0.02. The spread of the gold exchange platinum to London platinum was 63.64, an increase of 11.38. The spread of the RMB spot palladium price to PD2606 was -27, a decrease of 0.25. The spread of Guangzhou palladium 2606 contract to 2610 contract was -0.25, an increase of 0.40. The cost of the inter - period arbitrage of buying Guangzhou palladium 2606 and selling 2610 was 4.79, unchanged. The spread of the RMB spot palladium to London palladium was 24, an increase of 0.67 [1] - **Exchange Rates**: The US dollar index was 98.98, a decrease of 0.08%. The US dollar to RMB (CNY spot) was 7.07, an increase of 0.02%. The US dollar to offshore RMB (CNH spot) was 7.07, an increase of 0.01%. The US dollar to RMB (6M forward) was 7.00, an increase of 0.22% [1] Macro and Industry News - The US September core PCE price index annual rate unexpectedly dropped to 2.8%, hitting a three - month low, while the market expected it to record 2.9% for the third consecutive month [4] - White House Economic Council Director Hassett stated that it was time for the Fed to cut interest rates prudently and that he had not discussed the Fed chairperson candidate with Trump [4] - Bessent said that the US would achieve 3% GDP growth by the end of this year [4] - Trump approved the production of small cars in the US [4] - Trump commented on the Supreme Court tariff case, saying that the US had other ways to impose tariffs, and the current method was much more direct [4] - Israeli Prime Minister Netanyahu refused to withdraw from politics in exchange for a pardon [4] - Hamas said it was willing to discuss the issue of disarmament within the framework of promoting the establishment of a Palestinian state [4] Trend Intensity - The trend intensity of platinum is 0, and that of palladium is 0. The trend intensity ranges from -2 to 2, with -2 being the most bearish and 2 being the most bullish [3]

马克龙在结束中国访问后告诉 《回声报》，他在访问期间曾敦促，如果中国不采取行动缩减与欧盟不断扩大的贸易顺差，恐将面临关税。“我告诉他们，如果他们不采取行动，我们欧洲人将被迫在未来几个月采取强有力的措施。”“此类措施可以效仿美国采取的措施，例如对中国产品征收关税”。 https://t.co/6ZOXhR4oyA ...