特朗普最初曾表示将与所有合作伙伴进行谈判，但后来放弃了这一想法，转而优先考虑与一些关键经济 伙伴对话，美国政府承认缺乏同时协商数十项单独协议的能力。目前，美国仅与英国达成贸易框架。美 方还在努力与印度、日本、韩国及欧盟达成双边协议。 "美国将再现'TACO（胆怯交易）时刻'？"印度《铸币报》称，目前尚不清楚特朗普是否会兑现其承 诺，他此前经常设定"两周的行动期限"，但之后要么推迟，要么不了了之。特朗普5月16日曾表示，他 将在"未来两三周内"对美国贸易伙伴设定关税税率。 据报道，"TACO"由英国《金融时报》专栏作家阿姆斯特朗首次提出，为"特朗普总是胆怯"英文单词的 缩写。后来被华尔街交易员广泛使用，他们发现每当特朗普宣布征收关税时，市场就会出现大规模抛 售，而当关税被削减或取消时又会出现复苏。5月底一名记者曾向特朗普提问如何看待华尔街将他的关 税政策称为"TACO"，即他频繁宣布征收关税，随后又削减甚至豁免关税的做法。特朗普坚称自己没有 在贸易问题上退缩，一切只是谈判手段，并回应称："对我来说，这是最恶心的问题。"（李致） 【环球时报综合报道】据美国"商业内幕"网站12日报道，美国总统特朗普11日称，他计划 ...

Core Viewpoint - The recently published opinions on deepening reform and innovation in Shenzhen's comprehensive reform pilot aim to further consolidate and expand the achievements of the pilot program, enhancing Shenzhen's role in the national economic landscape [1][2]. Group 1: Key Measures - The opinions include four important measures: 1. Coordinating reforms in education, technology, and talent systems to strengthen collaboration between industry, academia, and research [2]. 2. Promoting high-quality development of the real economy through financial, technological, and data empowerment, and innovating support mechanisms for emerging industries [2]. 3. Establishing a higher-level open economy system, optimizing goods trade, and enhancing service trade [2]. 4. Improving governance models to enhance public service levels and deepen judicial reforms [2]. Group 2: Support for Shenzhen - Shenzhen will implement a "five external linkages" strategy to enhance its role as a base, platform, channel, and hub in domestic and international dual circulation [2][3]. - Guangdong Province will increase its delegation of administrative powers to Shenzhen, having already transferred 117 provincial-level administrative powers since 2021, with an additional 20 powers recently identified for transfer [4]. - The Ministry of Science and Technology will support Shenzhen's participation in the Guangdong-Hong Kong-Macao Greater Bay Area's international science and technology innovation center [4].

Core Viewpoint - The release of the "Opinions" by the State Council is a significant measure to support Shenzhen in becoming a pioneering demonstration area for socialism with Chinese characteristics, marking an upgrade to the 2020 implementation plan for comprehensive reform trials in Shenzhen [1] Group 1: Innovation and Reform - Shenzhen has leveraged its strong technological innovation capabilities and complete industrial system to accelerate the establishment of a globally influential industrial technology innovation center, achieving a patent authorization volume of 241,900 in 2024, maintaining the top position in the country for seven consecutive years [2] - The "Shenzhen-Hong Kong-Guangzhou" technology cluster has ranked second globally in innovation index for five consecutive years, highlighting Shenzhen's potential in leading comprehensive innovation system reforms [2] - The "Opinions" emphasize systematic integration and efficient collaboration in reforms, focusing on the interconnections between economic reforms and other areas such as education, technology, and talent [2] Group 2: Support for Shenzhen's Development - Guangdong will fully support Shenzhen's reform explorations, including promoting integrated reforms in education, technology, and talent systems to build a globally influential industrial technology innovation center [3] - The support will also extend to deepening market-oriented reforms in resource allocation, enhancing the role of financial, technological, and data elements in empowering the real economy [3] - Shenzhen aims to align with global best practices to create a market-oriented, law-based, and international first-class business environment, facilitating foreign investment and improving living conditions for foreign personnel [3] Group 3: Open Economic System - Shenzhen is recognized as a crucial gateway for foreign trade, with the highest total import and export volume among cities in the country last year, and the "Opinions" call for the establishment of a higher-level open economic system [4] - The city will implement a series of innovative reform measures to enhance high-level openness and improve its development capabilities [4] - Specific initiatives include expanding institutional openness, building high-level international trade hubs, promoting high-level bilateral investment, and enhancing the city's internationalization [5]

Core Insights - The U.S. government has signaled a willingness to extend the deadline for tariff negotiations, indicating flexibility in its trade policy for countries engaging in good faith talks [1][2] - The European Union anticipates that trade negotiations with the U.S. will continue beyond the July 9 deadline, aiming for a preliminary agreement on principles before the deadline [2][3] Group 1: U.S. Trade Policy Developments - U.S. Treasury Secretary Mnuchin acknowledged the possibility of extending the tariff deadline for countries like the EU that are negotiating in good faith [1] - President Trump expressed a willingness to extend the July 8 deadline but deemed it "not very necessary," revealing ongoing trade discussions with approximately 15 countries [1][2] Group 2: Market Reactions and Investor Sentiment - The announcement from Mnuchin has reignited hope among investors betting on the "TACO trade," which suggests that the Trump administration may backtrack on its aggressive tariff policies [2] - Following Trump's initial tariff announcements in April, the S&P 500 index experienced a significant drop of over 12% within four days, marking the largest decline since the onset of the COVID-19 pandemic [2] Group 3: EU's Position and Negotiation Challenges - The EU is preparing for extended negotiations with the U.S., focusing on key sectors such as steel, aluminum, automotive, pharmaceuticals, semiconductors, and civilian aircraft [3] - Current U.S. tariffs cover approximately €380 billion (about $434 billion) of EU exports, representing around 70% of the EU's total exports to the U.S. [3]

Core Points - The article highlights the efficient service provided by the market supervision administration in Jimo District, Qingdao, which facilitated the quick registration of a foreign investment company from India, demonstrating a favorable business environment in the region [1][3][4] Group 1: Efficient Registration Process - The Indian investor received a business license in less than half an hour and a free company seal within 90 minutes, showcasing the streamlined process for foreign investors [1][4] - The market supervision administration's staff member, Gong Shasha, has extensive experience, processing over 400 foreign business registrations annually, often providing personalized assistance [3][4] Group 2: Overcoming Challenges - The registration process faced challenges due to the inability to provide original signature materials from Indian shareholders, which initially hindered electronic processing [3][4] - To resolve this, the administration established a "green channel" for expedited communication and risk assessment, allowing for offline processing of the registration [4] Group 3: Information Sharing and Support - The company’s information was shared with multiple departments, including tax and commerce, ensuring a seamless transition to subsequent business operations [4][5] - Gong Shasha provided additional support by preparing necessary banking materials for the investor, further enhancing the service experience [5]

Core Insights - Since the outbreak of the Russia-Ukraine conflict, Germany's imports from Russia have plummeted by 95% from 2021 to 2024 [1] - The European Union's overall imports from Russia have decreased by 78%, while exports have dropped by 65% during the same period [1] - In 2024, the trade deficit with Russia is projected to be 4.5 billion euros, significantly lower than the 147.5 billion euros recorded in 2022 [1] Trade Dynamics - The primary reason for the continued higher imports over exports in 2024 is the EU's ongoing importation of oil and natural gas from Russia [1] - Despite the lack of tariffs imposed by the Trump administration, trade between Russia and both the US and EU has sharply declined due to sanctions related to the conflict [1] - Russia's economic performance has been better than expected over the past three years, despite facing challenges from falling oil prices and reduced fiscal revenues [1]

Core Viewpoint - The pilot program for the "Cross-Border Financial Services Platform New Offshore International Trade Business Background Verification Application Scenario" was launched in Shanghai, involving 21 domestic and foreign banks, aiming to enhance the verification of trade information through deep data integration [1][2]. Group 1: Pilot Program Implementation - The pilot program allows banks to conduct business operations entirely online, significantly reducing the verification process from 1-2 working days to under 30 minutes, thus facilitating faster cross-border settlements for enterprises [2]. - The "Offshore Pass" integrates various data sources, including customs, shipping, and logistics data, to provide comprehensive support for verifying the authenticity of offshore international trade [1][2]. Group 2: Industry Impact - Since the initiation of the "New International Trade Settlement Center Pilot" in 2010, the offshore international trade in Shanghai's free trade zone has developed steadily, with around 350 companies, including Yihai Kerry and Sony Electronics, engaged in such activities [3]. - The new offshore international trade settlement scale in the free trade zone is expected to grow by approximately 61% year-on-year in 2024, accounting for over 60% of Shanghai's total [3].

Core Viewpoint - The article discusses the recent demands made by the U.S. to India during trade negotiations, highlighting the implications of these demands on India's international relations and strategic positioning in the Indo-Pacific region [1][3][9]. Group 1: U.S. Demands - The U.S. has made three key demands to India: opening its domestic market, reducing purchases of Russian weapons, and decreasing alliances with BRICS nations [3][5]. - U.S. Commerce Secretary, Wilbur Ross, expressed optimism about reaching a trade agreement with India, emphasizing the importance of early participation for better terms [1][3]. Group 2: Market Access - The first demand focuses on urging India to open its domestic market, as the U.S. views India's high protectionist tariff policies as a barrier to healthy trade relations [3][4]. - The U.S. has proposed a 26% tariff increase on Indian goods but has allowed a 90-day delay for negotiations, with a deadline set for July 8 [3][4]. Group 3: Defense Procurement - The second demand is for India to reduce its procurement of Russian military equipment, which the U.S. sees as a challenge to its strategic interests in South Asia and the Indian Ocean [4][5]. - The U.S. aims to shift India's military procurement towards American-made weapons, which could generate significant military sales revenue for the U.S. [4]. Group 4: BRICS Alliance - The third demand involves India reducing its alliances with BRICS nations, which the U.S. perceives as a threat to its financial dominance [5][7]. - The BRICS platform is crucial for India to maintain its international standing and economic cooperation, and distancing itself from BRICS could diminish India's influence in global governance [7][9]. Group 5: Diplomatic Implications - India's exclusion from the upcoming G7 summit highlights its diplomatic challenges, as it must balance relations with the U.S. while maintaining ties with Russia, China, and other BRICS countries [9]. - The ongoing negotiations and India's responses to U.S. demands will significantly impact its position in the global landscape and the political and economic dynamics of the Indo-Pacific region [9].

Core Viewpoint - ESG compliance has become a key competitive advantage for companies in international development, with green transformation serving as the core engine for going global [2][3] Group 1: ESG Compliance and Regulations - The rapid introduction and enforcement of international ESG regulations require companies to establish ESG systems and prepare for information disclosure within a short timeframe [6] - The EU's Corporate Sustainability Reporting Directive (CSRD) came into effect in 2023, mandating comprehensive ESG disclosures from companies, with the first batch of companies starting compliance in 2024 [6] - Companies need to enhance compliance management capabilities and actively participate in international rule discussions to integrate ESG requirements into daily operations [3][4] Group 2: Challenges Faced by Chinese Companies - Chinese companies face significant challenges in aligning with international ESG standards, which are reshaping global trade rules across environmental, social, and governance dimensions [4] - Compliance costs are increasing due to requirements for carbon footprint calculations, renewable energy usage, labor rights audits, and supply chain transparency [4][5] - Companies must develop systematic responses to policy compliance issues and establish dynamic tracking mechanisms for ESG regulations [3][4] Group 3: Strategic Approaches for Companies - Companies should focus on three core dimensions for effective ESG strategy: dynamic compliance management, building an ESG brand, and driving technological innovation [10] - By optimizing capital structure through improved ESG performance, companies can gain financing advantages and access sustainable development-linked loans [11] - Enhancing supply chain management capabilities through ESG strategies can lead to increased order opportunities and improved competitiveness in global markets [11] Group 4: Green Supply Chain Development - Establishing comprehensive supply chain due diligence and risk management mechanisms is essential for ensuring sustainability and compliance [7][8] - Companies need to enhance data traceability and digital capabilities to meet increasing transparency demands in supply chains [8] - Collaborating with suppliers to build a resilient and low-carbon supply chain is crucial for maintaining competitiveness in international markets [9]

Group 1: RCEP and Trade Benefits - The RCEP has issued 1,594 certificates of origin with a total value of 1.313 billion yuan since its implementation on June 2, 2023, allowing 34 companies to enjoy approximately 65 million yuan in tariff benefits [1] - The number of RCEP certificates and the value of goods covered are increasing annually, indicating a significant enhancement in the level of benefits provided by RCEP [1] Group 2: Customs and Regulatory Developments - The establishment of a special customs supervision area is deemed an urgent task for the operation of the Hainan Free Trade Port, as emphasized by Chi Fulin during a seminar marking the fourth anniversary of the Hainan Free Trade Port Law [2] Group 3: Export Growth - Hainan's fruit exports have seen significant growth, with 696 batches inspected and valued at 110 million yuan, marking increases of 134.3% and 75.39% year-on-year, respectively [4] - Hainan's representative fruits such as melons, lychees, and mangoes have made their debut in over ten countries, including Nepal and Belarus, receiving positive feedback [4] Group 4: Tourism Performance - During the Dragon Boat Festival in 2025, Hainan welcomed over 1.855 million tourists, a year-on-year increase of 16.3%, with total tourist spending reaching 1.873 billion yuan, up 12.8% from the previous year [7] - A promotional event titled "Cool Travel Hainan" was held to showcase the development of Hainan as an "International Tourism Consumption Center" [8] Group 5: Youth Development Initiatives - The "Greater Bay Area Free Trade Port Youth Co-Creation Center" was inaugurated in Hong Kong, aimed at providing comprehensive support for young entrepreneurs and cultural talents across the Guangdong-Hong Kong-Macao Greater Bay Area and Hainan [5]