各执一词 美国财政部长贝森特当地时间18日承认，受到政府关税政策影响，美国零售巨头沃尔玛可能会提高价格。他也承 认一部分关税最终会落到消费者头上，使其遭受经济上的痛苦。 在沃尔玛预告要因关税提高商品价格后，美国总统特朗普发文，抨击沃尔玛将商品涨价归咎于关税，称该公司应 该承担美国关税政策所带来的额外成本。沃尔玛公司此前表示，受美国关税政策影响，其将上调部分商品在美售 价。特朗普则认为，沃尔玛去年利润丰厚，理应自行承担关税成本。沃尔玛在美国拥有海量门店，且客户覆盖不 同年龄、收入和地区的人群，经常被视为衡量美国消费健康状况的"晴雨表"。沃尔玛的表态，表明美国关税政策 的影响正在逐渐向经济渗透。 环境中的不确定性，导致短期预测变得极为困难。"沃尔玛表示。 美国有线电视新闻网（CNN）称，面对关税冲击，一些公司提高了全部商品的价格，另一些公司则直接下架了可 能会引发价格冲击的产品。目前，美国玩具制造商美泰公司、工具制造商史丹利百得公司以及消费品巨头宝洁公 司等已宣布涨价或计划涨价。此外，福特汽车近期刚刚宣布将提高旗下三款畅销车型的价格。法国奢侈品牌爱马 仕此前也表示，将上调美国市场的价格。 美国泰尔西咨询集团此前发 ...

2、今年以来新注册企业多位于华南地区 企查查数据显示，从注册量角度来看，2024年注册量达1.05万家，与2023年注册量基本持平。截至目 前，今年已注册3770家玩具制造相关企业，其中58.97%的企业注册地位于华南地区，其次为华东、华 中地区，占比分别达16.92%、14.69%。 企查查数据显示，截止5月中旬，国内玩具制造相关现存企业达6.76万家，其中超4成位于广东省，广东 省是我国最大的玩具生产和出口基地，2024年实现玩具出口额为148.11亿美元。从今年注册量角度来 看，截至目前，今年已注册3770家相关企业，其中58.97%新注册企业来自华南地区。 1、超4成玩具制造相关企业在广东 企查查数据显示，截止5月中旬，国内玩具制造相关现存企业达6.76万家，42%的相关企业注册地位于 广东省，具体来看，国内28.29%的玩具制造相关企业位于广东省汕头市。广东省是我国最大的玩具生 产和出口基地，2024年实现玩具出口额为148.11亿美元。而汕头澄海是"中国玩具礼品之都"，产品以婴 童塑料玩具和积木玩具等为主。 （原标题：中国玩具产业"全力突围"，超4成玩具制造企业在广东） 随着中美相互调整后的关税正 ...

Core Viewpoint - The article discusses the significant price increases announced by Walmart in response to tariffs, which has drawn criticism from President Trump, highlighting concerns over consumer confidence and the overall economic outlook in the U.S. [1][2] Group 1: Price Increases and Economic Impact - Walmart has indicated that price increases due to tariffs will affect all products, with CFO warning of unprecedented magnitude and speed of price hikes, potentially seeing double-digit increases [2][3] - Other companies, including Mattel, Microsoft, and Ford, have also announced price hikes, suggesting a broader trend across the retail sector [3] - The consumer confidence index in the U.S. has dropped to its second-lowest level on record, reflecting growing pessimism among American households regarding the economic outlook [4][6] Group 2: Credit Rating and Economic Concerns - Moody's downgraded the U.S. sovereign credit rating from Aaa to Aa1, citing increasing government debt and interest payment ratios, which are projected to rise significantly by 2035 [5][6] - The decline in consumer confidence and the downgrade in credit rating indicate a deteriorating economic environment, exacerbated by aggressive tariff policies [6][7] Group 3: Trade Negotiations and International Relations - The U.S. government is pursuing unilateral tariff policies, with Trump acknowledging the impracticality of negotiating with over 150 countries [7] - Other countries, including EU nations, are becoming increasingly assertive in trade negotiations with the U.S., seeking better terms than those offered to the UK and China [7][8] - Australia's government has expressed a commitment to maintaining strong trade relations with China, resisting U.S. pressure to limit economic ties [8]

Suspension and Resumption of Trading - *ST Mingjia has its delisting risk warning removed and continues to implement other risk warnings, resulting in stock suspension [1] - ST Shengda has its other risk warning removed, leading to stock suspension [1] - *ST Aonong has its delisting risk warning and other risk warnings removed, resulting in stock suspension [2] - Electric Investment Energy plans to issue shares and pay cash to acquire Baiyinhua Coal Power equity, leading to stock resumption. The target company's main business includes coal, aluminum, and electricity production and sales [2] - Binhai Energy plans to acquire 100% equity of Cangzhou Xuyang Chemical Co., Ltd., resulting in stock resumption [3] - Guangyang Co., Ltd. is planning to acquire 100% equity of Yinqiu Technology, leading to stock suspension [4] Share Buybacks and Increases - Siyuan Electric plans to repurchase shares worth between 300 million to 500 million yuan [5] - Tunnel Co., Ltd.'s controlling shareholder plans to increase company shares by 250 million to 500 million yuan [6] - Jianghan New Materials plans to repurchase shares worth between 200 million to 400 million yuan [7] Investment Cooperation and Operational Status - Qunxing Toys' subsidiary signed a 113 million yuan computing power service agreement with Tencent [8] - Zhongwei Semiconductor's end customer is Yushu [9] - Xinhongye's wholly-owned subsidiary Jiangsu Huaguang won a bid for "Zhangzhou Nuclear Power Plant Units 3 and 4 and Zhejiang Jin Qimen Nuclear Power Plant Units 1 and 2 K3 control cable equipment procurement," with a total bid amount of 102 million yuan [9] - Lianrui New Materials plans to issue convertible bonds to raise no more than 720 million yuan for high-performance high-speed substrate ultra-pure spherical powder material projects, high thermal conductivity high-purity spherical powder material projects, and to supplement working capital [9] - Newhan New Materials' DFBP new capacity has been verified by PEEK manufacturers and has begun bulk supply [10] - AVIC High-tech's composite materials company plans to invest 918 million yuan to enhance the capability of aviation composite material components [11] - Wentai Technology plans to sell assets worth 4.389 billion yuan, strategically exiting the product integration business to focus resources on semiconductor business development [11] - Guangbai Co., Ltd. plans to jointly invest with China Duty Free Group to establish Guangzhou Duty-Free Store Co., Ltd. [12] - Baiyun Airport, along with China Duty Free Group, Guangbai Co., Ltd., and Lingnan Holdings, plans to jointly invest to establish a company for operating Guangzhou's city duty-free store business, with a registered capital of 45 million yuan [12]

"这款好不好卖？" "仅其中1天的下单量，就欠货1100多单。"咔得乐智能科技董事长张衡清楚地记得这个数字，那时候即 使注明到货需要等20多天，客人也还是源源不断下单。"我们第一次体验到了美国圣诞节的购物高 潮。"他随即决定开足马力提升产能。 在美线上火爆，线下订单也走俏。但很快，随着4月初美国加征所谓"对等关税"，市场出现了变化。因 为关税的原因，美国线下经销商为了保住利润提议涨价，被张衡果断拒绝。 "在亚马逊美国站常断货！" 5月17日上午10点，满载河北石家庄采购商的一辆大巴停在了山东国际会展中心5号馆门前，玩具采购商 陶先生一下车便直奔馆内。很快，陶先生被展馆"C位"的一家名为山东咔得乐智能科技有限公司（简 称"咔得乐智能科技"）的外贸积木玩具展台吸引。 "色泽、质感以及拿在手上的分量，一点也不次于乐高。"同样在这家公司玩具展台前，手办发烧友刘乐 拿着一只积木拼搭的足球看了又看。在网上刷短视频看到展会消息的他，直呼此番探展被刷新了认 知："没想到这么棒的积木手办，出自咱们山东外贸企业之手！" "我是河北玩具经销商，加下好友。""足球我要了。"加上好友，买下爆款，采购商和消费者"扎堆儿"在 展台与商家交 ...

Group 1 - The "Chinese Youth Entrepreneur Star Sea Navigation Plan" aims to cultivate a new generation of globalized, innovative Chinese entrepreneurs and promote deep exchanges and cooperation between domestic and overseas Chinese entrepreneurs [1] - The plan addresses issues such as China's industrial upgrading, global value chain restructuring, and the evolution of Chinese businesses from mere traders to creators of civilization [1][2] - The U.S. tariff policy, particularly the 10% minimum benchmark tariff and the 34% tariff on Chinese goods, disrupts the internationalization strategies of Chinese companies and affects their confidence in future economic development [1][3] Group 2 - The forum titled "U.S. 'Global Tax Increase', Where to Go for Going Abroad?" was organized to discuss new challenges for Chinese companies in internationalization due to the U.S. tariff policies [1][2] - Companies are advised to adopt strategies such as collective internationalization, organizational adjustments, and a "close embrace" approach to navigate the uncertainties of the market [4][5] - The impact of tariffs on supply chains and the need for companies to enhance their understanding of customer needs and market demands are emphasized [6][8] Group 3 - Companies are diversifying their strategies in response to tariffs, with some establishing local companies in the U.S. and others adjusting production layouts in Southeast Asia [6][8] - The importance of information asymmetry in international trade is highlighted, with companies needing to understand market demands better than their suppliers [7][8] - The shift from product selling to solution selling is seen as a potential path for the future of Chinese manufacturing [8][10] Group 4 - The need for a mindset shift among Chinese companies towards understanding customer value and developing services around it is emphasized [10][11] - The relationship between national politics and international trade is complex, with businesses needing to navigate these dynamics effectively [12] - The restructuring of global trade and the importance of adapting to new market realities are discussed, with a focus on the evolving role of Chinese enterprises in the global landscape [10][19]

Group 1 - Walmart is set to increase prices on certain products due to high tariff costs, indicating the impact of U.S. tariff policies on the economy [2][3] - Walmart's CFO stated that the magnitude and speed of price increases will be unprecedented, with about one-third of the products sold in the U.S. being imported [3] - Despite maintaining annual sales and net profit outlooks, Walmart refrained from providing forecasts for the May to July quarter due to unpredictable trade negotiations [3] Group 2 - Tariffs have made various products, such as mattresses and toys, more expensive, contributing to a 0.3% increase in prices this year according to the Federal Reserve [4] - Several companies, including Mattel and Procter & Gamble, have announced or planned price increases in response to tariffs, while some have chosen to remove products from shelves [4] - Retailers are facing pressure to raise prices to offset higher costs, leading to increased financial strain on American households, as indicated by a rise in the proportion of families only making minimum credit card payments [5]

Core Viewpoint - The recent adjustments in U.S.-China tariffs have led to a surge in production and export activities among toy manufacturers in Chaozhou, Guangdong, as they aim to capitalize on a 90-day window to ship goods before potential tariff re-implementation [1][4]. Group 1: Impact of Tariff Adjustments - The U.S. has canceled 91% of additional tariffs on Chinese goods and suspended 24% of tariffs for 90 days, prompting manufacturers to expedite shipments [1]. - Many toy manufacturers, including Weili Intelligent Technology Co., have resumed production and shipping after previously facing order delays due to high tariffs [2][4]. - The toy industry in Chaozhou typically sees a peak in exports from April to October, but the imposition of tariffs in April caused significant disruptions [2][3]. Group 2: Production and Order Fulfillment - Weili Intelligent reported a full production schedule, with orders extending into September as they work to fulfill delayed shipments [4]. - Other companies, such as Daya Plastic Toys Co., have also resumed production and are receiving new orders from U.S. clients [4]. - Blue Light Electronics Technology Co. noted a 30% increase in order volume compared to pre-tariff levels, indicating a recovery in business activity [5]. Group 3: Strategic Adjustments and Future Planning - Companies are exploring overseas production options in Southeast Asia to mitigate the impact of tariffs, with some already establishing factories in countries like Vietnam [6][7]. - Despite the tariff relief, the cost of exporting from China remains higher compared to Southeast Asian countries, prompting companies to consider diversifying their production locations [6][7]. - The efficiency of production in Southeast Asia is perceived to be lower than in China, which may limit the extent of production relocation [7].

Group 1: Cross-Border E-commerce Logistics - The turnover warehouse primarily targets direct small packages for cross-border e-commerce, ensuring delivery within 8 to 12 days, but currently faces challenges due to tight air freight capacity [1] - The daily processing capacity of a logistics company in Shenzhen is 50 tons, with a continuous increase in order volume [3] - The shipping volume for routes to the U.S. has increased by 30% to 40%, leading to higher air freight prices due to tight capacity [5] Group 2: Impact of Tariff Adjustments - Following the adjustment of U.S. tariffs, the cargo volume at Hubei Ezhou Huahu International Airport is steadily recovering, with a significant increase in flights to the U.S. [13][16] - The number of flights planned to the U.S. has doubled to 40, with cargo volume expected to reach around 2,400 tons, an increase of 1,000 tons compared to the previous week [16] Group 3: Toy Industry Dynamics - The toy industry in Shantou is experiencing a surge in customer inquiries and orders, with companies ramping up production to meet demand [17] - Companies are diversifying their product offerings to cater to different market needs, with tight order schedules extending into 2025 [18] - The integration of cross-border e-commerce with traditional foreign trade is helping local manufacturers expand into global markets [19]

Group 1 - The adjustment of US-China tariff policies has led to an increase in order volume for Chinese foreign trade companies, with one company receiving a $2 million order for ski gloves [1] - Companies are diversifying their markets, preparing for overseas factories, and enhancing product competitiveness to adapt to changing conditions [1] - The "2025 Shandong Province Foreign Trade Quality Products Shopping Season" event showcased over 400 quality foreign trade enterprises, attracting more than 1,000 professional buyers [1] Group 2 - Shandong Linuo Glass Technology Co., Ltd. emphasizes the importance of understanding domestic consumer needs and developing suitable products, such as lotus leaf-shaped tableware [2] - The transition of foreign trade enterprises to domestic sales is seen as a reshaping of China's light industry, with a focus on product competitiveness rather than merely offloading inventory [2] - Companies are leveraging IP collaborations and modular designs to expand their domestic market presence, with products like panda and football-themed toys appealing to buyers [2]