Group 1 - The core issue for American companies operating in China is the challenges posed by US-China relations and tariffs, which have become the primary concerns for these businesses [1][2] - Over 68% of surveyed companies reported being affected by tariffs, with the issue rising from the eighth position to the second in the list of business challenges [1] - The survey conducted by USCBC involved 130 member companies, with more than 75% having operated in China for over 20 years and 43% generating annual revenues exceeding $1 billion [1] Group 2 - Approximately 40% of companies indicated negative impacts from US export control policies, leading to sales losses and damaged customer relationships [2] - Nearly one-third of the surveyed companies admitted to losing market share in China over the past three years, and 75% expect to continue losing market share in the coming years [2] - Despite short-term investment plans being paused, over 80% of companies remain committed to long-term investments in the Chinese market, recognizing its importance for maintaining global competitiveness [2] Group 3 - The report highlights the dual nature of American companies' sentiments, as they desire to retain benefits from past favorable policies while also facing pressures to adapt to changing market conditions [3] - China is viewed as a global manufacturing and innovation hub, providing unique business opportunities for American companies, particularly in tapping into the growing middle-income consumer base [3] - The internal conflict faced by American companies in China complicates their ability to transition and adapt to the evolving market landscape [3]

Group 1 - Gold prices showed an upward trend, recovering above the 3340 mark to reach 3341.60 USD/oz, with an increase of approximately 0.5% [1] - The rise in gold prices is primarily attributed to a slight decline in the US dollar and bond yields [1][3] - The US dollar index has retreated from a one-month peak, currently at 98.47, down about 0.15%, enhancing gold's appeal to holders of other currencies [3] Group 2 - The latest US CPI data exceeded market expectations, exerting significant downward pressure on gold prices [4] - The geopolitical situation remains unstable, causing fluctuations in risk aversion sentiment, which has not provided sustained upward momentum for gold prices [4] - From a technical analysis perspective, gold prices are currently above moving average support levels, but the overall trend remains unclear, with key resistance levels at 3350, 3360, and 3380, and support levels at 3320, 3300, and 3280 [4]

Core Insights - CEO Jensen Huang of Nvidia stated that the company will need to adjust its supply chain due to tariff issues, but they are confident in finding solutions [1] Group 1 - The company acknowledges the impact of tariffs on its operations and is preparing to make necessary adjustments to its supply chain [1] - Nvidia is committed to overcoming challenges posed by tariffs and is optimistic about identifying effective solutions [1]

德国总理默茨15日表示，在关税问题上，美国政府不应低估欧盟采取类似措施加以反制的意愿。默茨当 天在德国南部巴伐利亚州与州长索德尔举行的一场联合新闻发布会上表示，欧盟已做好对美反制准备， 但仍希望通过谈判解决问题。默茨说，他正与美国总统特朗普和欧盟委员会主席冯德莱恩保持密切联 系，目标始终是尽快达成一项解决方案，以促进对美贸易，并恢复较低的关税水平。 ...

巴西副总统：计划在7月31日前解决关税问题。 ...

巴西副总统Alckmin：我们希望尽快解决关税问题。 ...

巴西副总统Alckmin：企业一致认为政府需要就关税问题进行谈判。 ...

跟踪全球贸易动向 +订阅 据日经新闻：日本首相石破茂希望与美国财政部长于周五就关税问题展开会谈。 ...

Group 1 - The A-share market experienced significant movements, with the ChiNext index reaching a peak due to stocks like New Yi Sheng and Zhong Ji rising sharply [2] - A total of 1,450 companies have disclosed their mid-year earnings forecasts, with 43% expecting positive results, indicating a mixed performance among companies [3] - Notable companies such as Luoyang Molybdenum and Chifeng Jilong Gold reported substantial profits, while others like Dazhihui and Vanke faced significant losses [3] Group 2 - The second quarter GDP growth was recorded at 5.2%, surpassing market expectations, which may reduce the need for large-scale fiscal stimulus in the second half of the year [4] - Economic data released showed a year-on-year increase in retail sales and industrial output, suggesting a positive trend in the economy [5] - The market is experiencing a divergence in investor sentiment, with some taking profits while others remain bullish despite potential risks from upcoming IPOs and tariff impacts [6]

Group 1 - The Shanghai gold futures closed at 780.40 yuan per gram on July 15, with a daily increase of 0.25% and a trading volume of 216,294 lots [1] - The spot price of gold in Shanghai was quoted at 774.80 yuan per gram, indicating a discount of 8.6 yuan per gram compared to the futures price [1] - President Trump threatened to impose high tariffs on more countries, while investors expect these tariffs to be reduced through negotiations [1] Group 2 - Trump urged Russia to reach a ceasefire agreement, or else face a 100% secondary tariff [2] - The U.S. is open to trade negotiations with various countries, including Europe, regarding tariff issues [2] - The London silver spot price reached over $39 per ounce, marking a new high in over a decade [2]