【环球网财经综合报道】据彭博社等外媒报道，美国商务部当地周二公布的数据显示，6月商品贸易逆 差较上月收窄10.8%，至860亿美元。 值得注意的是，美国制造商仍在应对不断变化的关税政策带来的不确定性。虽然部分贸易伙伴已达成协 议，但其他国家若无法在周五最后期限前达成协议，将面临大幅加税风险。 更完整的6月贸易数据，包括服务业账户余额等，将于当地时间8月5日公布。 具体来看，6月美国进口总额下降4.2%至2642亿美元，其中消费品进口降至2020年9月以来最低水平， 工业用品进口创2021年以来新低，汽车进口也出现下滑。出口方面，6月商品出口小幅下降0.6%。 贸易数据改善促使部分经济学家上调了对美国第二季度GDP的预估。他们预测年初压低GDP的贸易扭曲 现象有望在最近一个季度得到扭转。 ...

Group 1 - The core point of the article is that the U.S. trade deficit in goods narrowed more than expected in June, driven by a decline in imports, indicating a decrease in the previous phenomenon of stockpiling imports due to tariff expectations [1] - The U.S. trade deficit in goods decreased by 10.8% in June, falling to $86 billion, which was below the predictions of all economists surveyed [1] - U.S. imports fell by 4.2% to $264.2 billion in June, with consumer goods imports reaching their lowest level since September 2020, and industrial goods imports at their lowest since 2021 [1] Group 2 - The latest trade data has led some economists to raise their GDP forecasts for the U.S. in the second quarter, with the Atlanta Fed's GDPNow model increasing its estimate to 2.9%, attributing over 4 percentage points of contribution from net exports [1] - Retail inventories rose by 0.3% in June, the largest increase since September of the previous year, primarily due to a surge in auto dealer inventories [2] - U.S. manufacturers continue to face uncertainty due to the changing tariff policies under Trump, with potential risks of significant tax increases if agreements are not reached before the deadline [2]

智通财经7月11日电，英国5月季调后商品贸易逆差为216.88亿英镑，预期逆差为215亿英镑。 ...

美国普查局6月26日发布数据显示，美国5月商品贸易逆差初值966亿美元。 ...

Core Insights - The initial value of the U.S. goods trade deficit for May is reported at $96.6 billion, which is significantly higher than the forecasted deficit of $86.1 billion [1] Group 1 - The actual trade deficit figure indicates a larger-than-expected gap in trade, suggesting potential challenges in the U.S. economy [1] - The discrepancy between the actual and forecasted figures may reflect ongoing supply chain issues or shifts in consumer demand [1]

Core Insights - Hong Kong's overall export value in May 2025 reached HKD 434.1 billion, reflecting a year-on-year increase of 15.5% [1] - The overall import value for the same month was HKD 461.4 billion, showing an 18.9% year-on-year rise [1] - The tangible trade deficit for May 2025 was HKD 27.3 billion, equivalent to 5.9% of the import value [1] - For the first five months of 2025, the overall export value increased by 12.6%, while the import value rose by 12.9% [1] By Country/Region Analysis - In May 2025, exports to Asia increased by 21.8%, with significant rises to Japan (96.2%), Malaysia (55.3%), Taiwan (54.8%), Vietnam (41.2%), India (35.1%), and Mainland China (17.6%) [2] - Conversely, exports to South Korea decreased by 25.6% [2] - Exports to the UK and the US saw declines of 52.0% and 18.4%, respectively [2] - Imports from Vietnam surged by 67.3%, while imports from South Korea fell by 19.6% [3] By Major Product Category Analysis - In May 2025, the export value of "electrical machinery, instruments, and apparatus" increased by HKD 27.4 billion (15.5%), and "office machines and automatic data processing machines" rose by HKD 18.9 billion (44.9%) [4] - The import value for "electrical machinery, instruments, and apparatus" increased by HKD 40.4 billion (23.7%), and "office machines and automatic data processing machines" surged by HKD 21.7 billion (69.4%) [4] - For the first five months of 2025, "office machines and automatic data processing machines" exports rose by HKD 125.1 billion (66.1%), while "electrical machinery, instruments, and apparatus" exports increased by HKD 103.3 billion (12.0%) [4]

Group 1 - The UK's seasonally adjusted goods trade deficit in April was £23.206 billion, which was higher than the expected deficit of £20.4 billion [1] - The previous value of the trade deficit was revised from £19.869 billion to £19.869 billion, indicating no change in the prior figure [1]

Core Insights - In April, Canada's overall export value decreased by 10.8% to 60.4 billion CAD, marking the lowest level since June 2023 [1] - Significant declines were observed in exports from the automotive and parts, consumer goods, and energy products sectors [1] - Total imports in April fell by 3.5% to 67.6 billion CAD, with notable decreases in imports of automotive and parts, industrial machinery and parts, consumer goods, and electronic and electrical equipment and parts [1] Trade with the United States - Due to the impact of U.S. tariffs in April, trade between Canada and the U.S. sharply declined, with exports to the U.S. dropping by 15.7% and imports decreasing by 10.8% [1] - Canada's trade surplus with the U.S. narrowed to 3.6 billion CAD, the smallest surplus since December 2020 [1] Trade with Other Countries - Trade with countries outside the U.S. reached a historical high, with exports to non-U.S. countries increasing by 2.9% and imports rising by 8.3% [1] - The total trade volume with non-U.S. countries reached 47.3 billion CAD, setting a new record [1]

Market Overview - Major U.S. stock indices opened lower, with the Dow Jones down 0.23%, Nasdaq down 0.67%, and S&P 500 down 0.43% [1] - Large tech stocks mostly declined, with Nvidia down over 2%, Google down over 1%, and Amazon, Apple, and Meta showing slight declines, while Tesla and Microsoft experienced minor gains [3] Individual Stock Performance - Apple shares decreased by 0.59% to $198.780, while pre-market trading showed a slight decline of 0.31% [4] - Tesla shares increased by 0.44% to $360.025, but pre-market trading indicated a drop of 0.80% [4] - Meta's stock fell by 0.25% to $643.450, with a pre-market decline of 0.16% [4] - Amazon shares dropped by 0.82% to $204.020, with a pre-market decline of 0.39% [4] - Nvidia shares fell by 2.85% to $135.230, with a pre-market decline of 0.28% [4] - Google shares decreased by 1.20% to $169.790 [4] Sector-Specific News - Apparel retail giant GAP saw a significant drop of over 20% in its stock price, warning that tariffs would erode its annual operating profit [5] - The Nasdaq Golden Dragon China Index fell by 2.67%, with major Chinese stocks like Alibaba, Xpeng Motors, and NIO dropping over 3% [6] Commodity Market - Spot gold prices decreased by 0.73% [8] - International oil prices fell, with both Brent and WTI crude oil dropping over 1% [10] Economic Indicators - The U.S. Census Bureau reported a dramatic 19.8% month-over-month decline in April's goods imports, the largest drop on record, bringing the total to $2760.97 billion [13] - The trade deficit narrowed to $876 billion in April, significantly better than the market expectation of $1430 billion [13] - The core PCE price index rose by 2.5% year-over-year, matching expectations and marking the smallest increase in over four years [13][14]

Core Insights - The U.S. trade deficit in goods for April was reported at $98.6 billion, a significant decrease from the previous deficit of $163.2 billion [1] Group 1 - The April trade deficit represents a notable improvement in the trade balance compared to March [1] - The reduction in the trade deficit may indicate a potential strengthening of the U.S. economy and its trade relationships [1]