当地时间1月24日，特朗普在社交媒体上的一则怒吼，打破了平静的氛围。他毫不留情地抨击中加经贸 协议是史上最糟糕的协议，并放出狠话：只要加拿大继续推进与中国的合作，所有输美商品将立即被加 征100%关税。此番近乎歇斯底里的威胁，加上财长贝森特紧随其后的补刀——暗示中国若敢突破协议 框架将面临额外关税，这一套美国惯用的极限施压手段似乎再度奏效。但现实给了这位美国总统一记响 亮的耳光——加拿大并未屈服，反而在面对这种威胁时不卑不亢，表现出强硬的立场；而中国则保持冷 静，从容应对，不为所动。特朗普引以为傲的关税大棒，这一次彻底沦为了无效的摆设。 这一场闹剧的导火索，正是1月16日加拿大总理卡尼访华并达成的合作共识。两国签署了《中国—加拿 大经贸合作路线图》，根据协议，加拿大将中国电动车的关税从100%骤降至6.1%，并给出每年4.9万辆 的进口配额，而中国则恢复进口加拿大菜籽油，并承诺三年内对加拿大汽车产业进行投资。协议刚一落 地，特朗普还曾公开表示：只要能和中国达成协议，就应该去做。然而，仅仅八天过后，他的态度发生 了180度的转变。这背后的核心问题并非协议本身，而是卡尼访华所引发的连锁反应。仅仅几天后，芬 兰总理 ...

Market Overview - US stock indices collectively declined, with the Dow Jones down 0.29%, S&P 500 down 0.38%, and Nasdaq down 0.66% [1] - Major technology stocks mostly fell, with the US Tech Giants Index down 0.3%, Apple dropping over 1%, and Google nearly 1% [2] - Chinese concept stocks experienced a significant drop, with the Nasdaq Golden Dragon China Index down 1.15% [3] Semiconductor Sector - Semiconductor stocks surged, with Micron Technology rising 7.8%, marking its market cap surpassing $400 billion and a year-to-date increase of over 27% [2][3] - Other semiconductor companies like SanDisk and Seagate reached historical highs, while Broadcom, Applied Materials, and ASML closed up over 2% [2] Precious Metals and Commodities - Precious metals saw a sharp decline, with silver prices dropping 2.7% and briefly falling below $87 per ounce [6] - Basic metals like lithium carbonate fell nearly 9%, while LME tin dropped over 4% [6] - International oil prices increased, with WTI crude up 0.24% and ICE Brent crude rising over 0.6% [6] Cryptocurrency Market - Major cryptocurrencies showed mixed performance, with Bitcoin and Ethereum down about 0.1%, while SOL increased over 2% [6] - The trading volume in the cryptocurrency market continued to decline, with over 90,000 liquidations occurring in the past 24 hours, primarily affecting long positions [6] Economic Commentary - Former Federal Reserve official Patrick Harker stated that it is not appropriate for the US to pursue significant interest rate cuts at this stage, warning against external pressures on the Fed [6]