Core Viewpoint - The U.S. Court of Appeals ruled that most of the global tariff policies implemented by President Trump are illegal, stating that the International Emergency Economic Powers Act does not grant the president the authority to impose these tariffs [2][4]. Group 1: Court Ruling - The Federal Circuit Court upheld a previous lower court ruling with a 7-4 vote, indicating that the law Trump cited does not authorize him to impose most tariffs [4]. - The court's decision allows the tariffs to remain in effect until October 14, giving the Trump administration time to appeal to the Supreme Court [5]. Group 2: Implications for Trade Policy - The ruling is seen as a significant blow to Trump's aggressive trade policies, as it challenges the legality of tariffs imposed without congressional approval [6]. - Trump criticized the court's decision on social media, asserting that all tariffs remain effective and warning of disastrous consequences if they are removed [3][6].

Core Points - Qingdao has significantly increased its trade with other Shanghai Cooperation Organization (SCO) countries, with an import and export volume of 128.36 billion yuan in 2024, which is 3.6 times that of 2018, and a year-on-year growth of 27% in the first half of the year [3] - The city has established a comprehensive mechanism for the SCO demonstration zone, implementing over 120 supporting measures to ensure effective policy application and resource allocation [3][4] - Qingdao is enhancing its transportation connectivity and trade development, with over 8,000 enterprises engaged in trade with SCO countries and a focus on building a second-hand car export base [4][5] Trade and Economic Cooperation - Qingdao has launched 32 international and domestic rail routes, connecting to 23 countries and 54 cities involved in the Belt and Road Initiative [4] - The city has introduced over 130 policy measures to prioritize key project construction and resource allocation towards the SCO demonstration zone [3][4] - The establishment of a dual investment cooperation center is underway, with significant investments from major companies in SCO countries [4][5] Cultural and Tourism Development - Qingdao is positioning itself as a cultural and tourism hub, hosting various SCO-related cultural events and meetings to enhance cooperation in tourism and culture [6][7] - The city has opened new international flight routes and increased domestic and international travel options to attract tourists from SCO countries [7][8] - Initiatives such as the "SCO Youth Encounter Qingdao" program and the establishment of a comprehensive service platform for inbound tourists are being implemented to enhance the visitor experience [7][8] Innovation and Infrastructure - Qingdao is focusing on creating an innovative system for trade and investment, with plans to introduce 1-2 innovative cases annually [5][6] - The city has launched 125 innovation cases across various sectors, including cross-border infrastructure and international cooperation [5][6] - Legal services and international cooperation platforms are being strengthened to support the SCO's economic and cultural initiatives [6][9]

Group 1: Macroeconomic Developments - The Chinese Ministry of Commerce's delegation, led by Li Chenggang, visited Canada from August 24 to 27 to co-chair the 28th China-Canada Economic and Trade Joint Committee, aiming to enhance bilateral economic relations [1] - The EU Commission proposed two legislative measures to implement the joint statement on tariffs with the US, which includes the reduction of tariffs on EU automotive products and the elimination of certain tariffs on US industrial goods [2] Group 2: Market Insights - Non-farm employment data has contradicted the Federal Reserve's assertion of a strong job market, significantly increasing expectations for a rate cut in September [2] - The market is currently betting on a 25 basis point rate cut in September, despite the core CPI reaching a new high since February, which has reduced the probability of a 50 basis point cut [2] - Factors such as a likely rate cut cycle by the Federal Reserve, easing global trade tensions, and continued central bank gold purchases are expected to support gold prices [2] - The dismissal of Federal Reserve Governor Cook by Trump has raised concerns about the Fed's independence, contributing to increased investor risk aversion and supporting gold price increases [2]

Core Viewpoint - Brazil is considering retaliatory trade measures in response to the 50% tariffs imposed by the U.S. on several Brazilian goods, as announced by President Trump [1][3]. Group 1: Government Response - Brazilian President Lula has approved a study to evaluate whether and what retaliatory measures Brazil can take against the U.S. tariffs [3]. - Lula has criticized the U.S. for lacking seriousness in its relations with Brazil, stating that the tariffs harm both Brazilian exporters and American consumers [3]. Group 2: Tariff Implementation - The U.S. government's policy of imposing an additional 50% tariff on certain Brazilian products officially took effect on the 6th of this month [3].

愚人节后的第二天，美国宣布对贸易伙伴发动关税战，并且以所谓的"对等关税"来包装这场行动。实际上，这一说法并不对等，因为关税是美国单方面征收 的，缺乏按具体产品设定的细粒度，也没有考虑不同产业的实际情况，而是采用一刀切的普遍税率。更具争议性的是，政府甚至把印度列为受益对象，给予 印度50%的统一关税税率。随着8月份逐步落地的具体关税税率表的公布，国际社会看到了美国对部分国家实施广泛税负的举动，这背后的经济意图逐渐清 晰。美国此举已引发广泛反弹，全球贸易关系再次紧张。关税战被视为一把双刃剑，短期或能推动财政收入的口径，但长期却可能损害全球供应链与本国消 费者利益。 从政府口径看，美国似乎已经进入"赢定了"的节奏。外媒报道称，财政部长贝森特公开宣称，美国每年的关税收入有望超过5000亿美元。数据也确实显示， 7月和8月海关关税收入显著上升，使得财政部对全年关税收入更有信心。换言之，美国政府将关税战视作增加财政收入的主要途径，在关税收入攀升之际， 财政部长显得颇为欣喜。然而，在关税收入快速上升的同时，普通美国消费者却在承受更高的生活成本。贝森特所夸下的"每年5000亿美元增收"的承诺，实 际转嫁给了美国家庭——进口商 ...

Core Viewpoint - The Chinese ambassador to India, Xu Feihong, publicly criticized the U.S. for imposing a 50% tariff on India, framing it as a geopolitical maneuver and expressing China's support for India in the face of U.S. pressure [1][3][7] Group 1: U.S. Tariff Impact - The U.S. tariff is not only an economic blow to India but also a blatant act of geopolitical suppression [3] - India has been caught between U.S. pressure and the desire to maintain relations with China, leading to a precarious diplomatic situation [4] - The recent U.S. tariffs have prompted India to reassess its foreign policy, moving towards a more balanced approach between the U.S. and China [4][6] Group 2: China-India Relations - China's support for India is seen as a significant diplomatic shift, with the ambassador's remarks providing a platform for India to stand firm against U.S. pressure [3][7] - The upcoming visit of Indian Prime Minister Modi to China for the SCO summit marks a new phase in China-India relations, indicating a thaw in previously strained ties [6] - China's commitment to supply critical resources to India, such as fertilizers and rare earths, underscores the importance of this partnership for India's economic stability [6] Group 3: Geopolitical Dynamics - The Chinese stance serves as a warning to the U.S. about the consequences of its bullying tactics, emphasizing the need for unity among nations facing similar pressures [7][9] - The support from China provides India with leverage in international negotiations, enhancing its bargaining power against the U.S. [9] - The U.S. response to China's support for India has been to escalate pressure, indicating a potential for increased tensions in the region [10]

虽然50%关税对印度经济的直接冲击尚在可控范围，但更深层的危机在于美国试图阻断印度崛起路径。印度长期依赖西方技术转移和市场准入实现发展， 而美国此番通过关税工具限制其产业升级空间，实质是要求印度在能源安全与美印关系间二选一。这种"非友即敌"的零和思维，与印度追求多极化外交的 目标背道而驰。 美国对印度的打击，现实影响其实并不是致命的，印度完全扛得住，关键是美国这么做断了印度崛起的路，这才是要命的。当印度试图在东方与西方间寻 找平衡时，美国的惩罚性关税无疑是一记警钟：所谓"坚如磐石"的合作关系，终究敌不过现实利益的算计。 印度近期陷入前所未有的贸易困境，美国自8月27日起对印度所有产品加征50%关税，导致印度对美482亿美元出口商品遭受重创。与此同时，美国以"对 等关税"为由，将印度从俄罗斯进口石油的税率从25%提升至50%，以此惩罚印度在俄乌冲突后大幅增加俄油采购的行为——印度俄油进口占比从1%飙升 至40%以上，被美方指责为"牟取暴利"。 这场贸易战暴露了美印关系的脆弱性。尽管印度被视为美国在亚洲的重要伙伴，甚至被部分媒体渲染为"准盟友"，但美国此次翻脸施压毫无转圜余地，令 莫迪政府措手不及。分析指出，美国 ...

Core Insights - The 2024 National Comprehensive Bonded Zone Development Performance Evaluation results have been released, with Haikou Comprehensive Bonded Zone achieving a national ranking of 27th, marking a significant improvement of 37 places from the previous year, and entering the A category for the first time [2][3] - Haikou Airport Comprehensive Bonded Zone ranked 70th nationally, improving by 76 places and entering the B category [2] Group 1 - The evaluation assesses the high-quality development and high-level opening-up effectiveness of comprehensive bonded zones, reflecting their construction progress and development achievements [2] - The Haikou Comprehensive Bonded Zone has leveraged the "Free Trade Port + Customs Special Supervision Area" policy advantages, focusing on advanced manufacturing, imported consumer goods, and international trade as its main industries [3] - Since the issuance of the "Overall Plan for the Construction of Hainan Free Trade Port," the Haikou Comprehensive Bonded Zone has seen annual growth rates of 21% in operating income, 10% in tax revenue, 12% in total import and export value, and 18% in industrial output value [3] Group 2 - In 2024, the total import and export value of the Haikou Comprehensive Bonded Zone reached 33.4 billion, representing a growth of 24.6%, while in the first half of 2025, it achieved 15.8 billion, growing by 17.7%, accounting for approximately 13% of Hainan Province and 40% of Haikou City [3] - The Haikou Comprehensive Bonded Zone aims to seize the significant opportunities presented by the Hainan Free Trade Port's closure operations, focusing on accelerating the implementation of investment projects, optimizing industrial structure, and enhancing the business environment [3]

特赖尔还说，关税对美国自身经济的损害大于益处。美国消费者将主要承担进口关税成本，多数在美经 营的企业会将新增关税成本全部或部分转嫁给客户。（完） 新华财经柏林8月27日电（记者李函林）德国工商大会27日发布的一项调查结果显示，美国关税政策令 德国企业对在美业务前景愈加感到不确定，超过半数企业未来有意削减对美贸易。 调查显示，在美有业务的受调查企业中，超过四分之一表示已暂停或取消在美投资，54%预计未来将减 少对美贸易。同时有55%的企业认为，欧盟与美国近日达成的新贸易协议给欧洲经济带来过重负担，呼 吁欧盟在后续谈判中采取更为强硬的立场。 德国工商大会外贸主管福尔克·特赖尔说，美国推行以贸易保护为导向的贸易政策可能适得其反，其借 助关税等保护主义措施强推"再工业化"的战略难以奏效。 （文章来源：新华社） ...

新华社柏林8月27日电（记者李函林）德国工商大会27日发布的一项调查结果显示，美国关税政策令德 国企业对在美业务前景愈加感到不确定，超过半数企业未来有意削减对美贸易。 调查显示，在美有业务的受调查企业中，超过四分之一表示已暂停或取消在美投资，54%预计未来将减 少对美贸易。同时有55%的企业认为，欧盟与美国近日达成的新贸易协议给欧洲经济带来过重负担，呼 吁欧盟在后续谈判中采取更为强硬的立场。 德国工商大会外贸主管福尔克·特赖尔说，美国推行以贸易保护为导向的贸易政策可能适得其反，其借 助关税等保护主义措施强推"再工业化"的战略难以奏效。 特赖尔还说，关税对美国自身经济的损害大于益处。美国消费者将主要承担进口关税成本，多数在美经 营的企业会将新增关税成本全部或部分转嫁给客户。 【纠错】 【责任编辑:谷玥】 ...