Group 1 - The trade war between the US and the EU has intensified, with French President Macron criticizing certain countries' tariff policies as tools of coercion, specifically targeting the US [1][3] - Macron's proposal for a "zero tariffs for zero tariffs" strategy has become a central countermeasure for Europe, warning that if the US maintains a 10% baseline tariff, Europe will implement equivalent retaliatory measures [3][4] - The EU's trade deficit with the US has expanded to $158 billion in 2024, with significant imbalances in aerospace and digital services [3] Group 2 - The European Commission is preparing to impose tariffs on $95 billion worth of US goods, while also implementing restrictions in digital tax and public procurement [3][4] - The actual impact of tariffs is evident in Europe, with a report indicating an 18% decrease in EU steel capacity utilization and a €2.3 billion reduction in automotive exports [4] - If the trade war escalates, GDP growth in the US and EU could decline by 0.8% and 1.2%, respectively, prompting European companies to make defensive adjustments [4] Group 3 - China's Foreign Minister Wang Yi's visit to Europe is significant, coinciding with the 50th anniversary of China-EU diplomatic relations and the first strategic communication after the EU Commission's reshuffle [6][9] - The visit aims to provide a platform for direct communication and lay the political groundwork for the upcoming China-EU leaders' meeting [6] - The EU is experiencing a strategic dilemma, trying to maintain economic sovereignty while not fully aligning with either the US or China [6][9] Group 4 - The trade war's ripple effects are impacting global supply chains, with the UN warning that the most vulnerable economies are suffering the most from US tariff policies [7] - Wang Yi's visit offers Europe a strategic opportunity, aligning China's open and cooperative approach with the EU's goal of strategic autonomy [7][9] - Despite existing tensions, both sides have reached a consensus to restart negotiations on price commitments, indicating a potential for cooperation [7][9]

Core Viewpoint - The ongoing trade negotiations between the U.S. and various countries are facing significant challenges, with deadlines approaching and differing priorities among the parties involved [2][4][5]. Group 1: U.S.-EU Negotiations - The EU is preparing for potential retaliatory tariffs on U.S. imports worth €210 billion, with possible increases of up to 50% [2] - The EU is considering accepting a 10% "baseline tariff" from the U.S. but seeks exemptions for key sectors such as pharmaceuticals and semiconductors [2] - EU officials are evaluating new U.S. proposals while preparing for the possibility of negotiation failure [2][3] Group 2: U.S.-UK Negotiations - A framework agreement has been reached between the U.S. and the UK, eliminating tariffs on certain goods, but steel and aluminum tariffs remain unresolved [4] - If no agreement is reached by the deadline, the current 25% tariff on UK steel and aluminum could double to 50% [4] Group 3: U.S.-Canada Negotiations - Canada has withdrawn a proposed 3% digital services tax to facilitate trade negotiations with the U.S. [5][6] - The U.S. has halted trade talks due to Canada's insistence on the digital services tax, which could cost U.S. tech companies billions [5] Group 4: U.S.-Japan Negotiations - Japan prioritizes automotive tariffs in negotiations, but the U.S. remains unwilling to make concessions [8] - Recent discussions have not yielded progress, with Trump expressing skepticism about reaching an agreement [8] Group 5: U.S.-South Korea Negotiations - South Korea is seeking an extension of the tariff suspension period as negotiations approach the deadline [9] - Domestic protests in South Korea highlight public discontent with U.S. tariffs [10] Group 6: U.S.-India Negotiations - India is in extended negotiations with the U.S., focusing on agriculture and dairy products as key issues [11][12] - Despite some optimism from U.S. officials, disagreements on tariffs for automotive parts and steel persist [12] Group 7: U.S.-ASEAN Relations - Southeast Asian countries are adopting a mixed strategy to negotiate with the U.S. and avoid high tariffs [13] - Countries like Vietnam and Indonesia are making adjustments to facilitate trade discussions with the U.S. [13]

Group 1 - The Canadian government has announced a 3% digital services tax on certain tech companies, effective from June 30, 2022, targeting companies with global revenues exceeding $833 million and digital service revenues in Canada exceeding 20 million CAD (approximately 1.05 billion RMB) [5] - Companies affected by this tax include major U.S. digital service providers such as Amazon, Apple, Google, Meta, Uber, and Airbnb [5] - U.S. President Trump has labeled the tax as a "direct and blatant attack" on the U.S. and has decided to terminate all trade negotiations with Canada in response [3][8] Group 2 - Canadian officials are calling for trade diversification to reduce reliance on the U.S. following the announcement of the digital services tax [1] - Canadian Prime Minister Carney expressed a desire to continue negotiations with the U.S. in a manner that serves the best interests of Canadians, despite the abrupt termination of talks by the U.S. [5] - Canadian economist Jim Stanford suggested raising the digital services tax rate to 25% as a countermeasure to U.S. threats, aligning it with U.S. tariffs on Canadian steel, aluminum, and automotive products [7]

Group 1 - Canadian Prime Minister Carney announced a phone conversation with US President Trump on June 29, resulting in the decision to resume trade negotiations with a deadline set for July 21 [1] - The Canadian government announced the cancellation of the digital services tax, originally set to take effect on June 30, to facilitate trade talks with the US [1] - The US National Economic Council Director Kevin Hassett stated that the US would "immediately resume" trade negotiations with Canada following the cancellation of the digital services tax [1] Group 2 - In 2020, the Canadian government proposed a digital services tax targeting large multinational digital companies, aiming for a fair contribution from these companies to the local market [1] - The digital services tax, set to be enacted in 2024, will impose a 3% tax on revenues from digital services provided to Canadian users, retroactive to 2022 [1] - The US Trade Representative's Office reported that most digital services taxes are discriminatory against US companies, with the Canadian tax potentially leading to an initial bill exceeding $2 billion for US firms if retroactive [2] Group 3 - Canadian Finance Minister Chrystia Freeland confirmed the implementation of the digital services tax on June 30, prompting an immediate halt to trade negotiations by the US [2] - Reactions in Canada to the US's threats were mixed, with some business leaders suggesting that Canada should cancel the digital services tax to revive trade talks [2] - Trade lawyer Lawrence Herman warned that yielding to US pressure to cancel the digital services tax could weaken Canada's negotiating position and damage relations with Europe [3]

Core Points - The EU is willing to accept a 10% general tariff proposed by the Trump administration but seeks exemptions for key industries [2][5] - Canada has decided to abandon its digital services tax to facilitate trade negotiations with the U.S. [9][10] Group 1: EU's Trade Negotiations - The EU is negotiating a trade agreement with the U.S. that includes a 10% general tariff on many goods exported to the U.S. while requesting lower tariffs in critical sectors such as pharmaceuticals, alcohol, semiconductors, and commercial aircraft [2][4] - The EU is pushing for quotas and exemptions to reduce the 25% tariff on automobiles and parts, as well as the 50% tariff on steel and aluminum [2][5] - The EU estimates that U.S. tariffs currently cover products worth €380 billion, accounting for about 70% of the EU's total exports to the U.S. [5] Group 2: Canada’s Trade Position - Canada has canceled its digital services tax, which was set to take effect in 2024, to advance trade talks with the U.S. [9][10] - The digital services tax would have impacted major U.S. tech companies, including Amazon and Google, by imposing a tax on their digital service revenues in Canada [9][10] Group 3: Potential Outcomes of Negotiations - The EU has outlined four possible scenarios before the July 9 deadline: reaching an acceptable asymmetric agreement, the U.S. proposing an unbalanced agreement, extending the deadline for negotiations, or Trump exiting negotiations and increasing tariffs [8] - The EU is aiming for a "fair" tariff agreement that provides more predictability for businesses [6]

Group 1 - Canada announced the cancellation of the digital services tax to advance broader trade negotiations with the United States, aiming to reach an agreement by July 21 [1][2] - Following the announcement, U.S. stock index futures saw significant gains, with Dow futures up 0.54%, Nasdaq futures up 0.70%, and S&P 500 futures up 0.47% [1] - The Canadian government stated that the cancellation would facilitate important progress in negotiations regarding a new economic and security relationship with the U.S. [2] Group 2 - The digital services tax was initially proposed by former Prime Minister Trudeau during the 2021 federal election and was set to be implemented on June 30, 2024, imposing a 3% tax on certain tech companies [5][6] - The tax would apply to companies with global annual revenues exceeding $833 million and digital service revenues in Canada exceeding 20 million CAD (approximately 10.5 million RMB) [6] - Major U.S. tech companies such as Amazon, Apple, Google, and Uber would have been affected by this tax, which led to strong opposition from the U.S. government [6][7] Group 3 - The U.S. has historically been opposed to Canada's digital services tax, viewing it as a direct attack on American tech giants [3][6] - The trade relationship between Canada and the U.S. is significant, with Canada being the second-largest trading partner of the U.S., purchasing $349.4 billion worth of U.S. goods last year [4] - The cancellation of the tax is seen as a move to improve trade relations and avoid further escalation of trade disputes [2][4]

Group 1: Canada and US Trade Negotiations - Canada has agreed to cancel its digital services tax to facilitate trade negotiations with the US, which the White House claims is a significant victory for American tech companies [2][3] - The US will "immediately resume" trade talks with Canada following the cancellation of the digital services tax, with a goal to reach an agreement by July 21 [2][3] - The White House attributes this change to President Trump's strong negotiation style and emphasizes the importance of maintaining good trade relations with the US [2][3] Group 2: EU's Position on Digital Legislation - The European Union has stated that its digital legislation, including the Digital Markets Act and Digital Services Act, will not be part of the trade negotiations with the US [4] - The EU remains firm on its sovereign decision-making regarding digital legislation and aims to reach a trade agreement with the US by July 9 [4][5] - The US has previously criticized the EU's digital regulations as unfair and has imposed significant fines on American companies for violations [4][5] Group 3: US-Japan Trade Relations - President Trump has expressed dissatisfaction with Japan's refusal to import US rice despite facing a rice shortage, indicating a potential letter to Japan regarding trade [6][7] - Trump has labeled the US-Japan trade relationship as "unfair," highlighting a significant trade deficit and suggesting that Japan should import more US goods [7][8] - The US has imposed a 25% tariff on imported cars, and negotiations with Japan regarding tariffs are ongoing, with a deadline set for July 9 [8]

美加贸易谈判被特朗普叫停后，加拿大宣布取消数字服务税，以推进与美国的贸易谈判。6月30日，据媒体报道，加拿大宣布取消数字服务税。加拿大总理 卡尼和美国总统特朗普同意，双方将恢复谈判，以期在7月21日前达成贸易协议。目前，距离7月9日所谓"对等关税"90天暂停期结束仅剩10天，美国与各贸 易伙伴的谈判进度不及预期。截至目前，英国是唯一与美国达成所谓"贸易协议"的国家。 取消数字服务税 加拿大财政部在一份新闻稿中说，加拿大总理卡尼与美国总统特朗普已同意双方将恢复谈判，以期在7月21日前达成协议。卡尼在声明中表示，"今天的声明 将有助于重启谈判，以实现本月七国集团（G7）领导人峰会上提出的2025年7月21日的时间表"。 "应减少对美依赖" 加拿大取消数字服务税的决定被视作向特朗普政府的让步，但这一决定并不让人意外。在特朗普27日"炮轰"加拿大开征数字服务税的决定并叫停谈判后，加 拿大政商界人士和相关协会纷纷迅速向卡尼施压，要求取消该税项。 加拿大商业委员会的CEO Goldy Hyder曾表示："为了使贸易谈判重回正轨，加拿大应立即提出一项方案，以便取消数字服务税，换取美国取消关税。"但商 鹏飞一度称不会推迟这一 ...

Core Viewpoint - Canada has decided to cancel its digital services tax to facilitate trade negotiations with the United States, aiming for an agreement by July 21, 2025 [1][3]. Group 1: Digital Services Tax Cancellation - The Canadian government announced the cancellation of the digital services tax, which was set to impose a 3% tax on revenues from tech companies providing services to Canadian users, effective from June 30 [1][3]. - The decision to cancel the tax is seen as a concession to the Trump administration, following pressure from Canadian business leaders and associations [3][4]. - The cancellation is expected to help establish a new economic and security relationship with the U.S. and create job opportunities for Canadians [3][4]. Group 2: Trade Negotiations Context - The trade dispute escalated quickly, with the U.S. halting negotiations after Canada announced the tax, leading to potential new tariffs on Canadian goods [1][3]. - The Canadian Business Council's CEO emphasized the need for Canada to propose a plan to cancel the tax in exchange for the U.S. lifting tariffs [4]. - Experts have criticized the Canadian government's approach, suggesting that the unilateral cancellation of the tax may not significantly impact the broader trade negotiations [4]. Group 3: Broader Trade Negotiation Challenges - Despite the cancellation of the digital services tax, U.S. trade negotiations with various partners, including the UK, have not progressed as expected, with only limited agreements reached [5]. - Ongoing investigations into tariffs on products like semiconductors and pharmaceuticals have created uncertainty in U.S. trade discussions with major partners [5]. - Legal disputes regarding the imposition of tariffs under the International Emergency Economic Powers Act have added further complexity to the trade landscape [5][6].

Group 1 - Canada announced a digital services tax on US tech companies starting June 30, which provoked a strong reaction from Trump, leading to the termination of trade negotiations [1][3] - The digital services tax targets companies like Google and Amazon, and was previously implemented in 2022 [3] - Following the backlash, Canada retracted the digital services tax to facilitate negotiations with the US [3] Group 2 - Canada ordered Chinese company Hikvision to cease operations within 120 days, citing national security concerns, and initiated a review of other Canadian companies using Hikvision products [5][7] - Hikvision is a leading global security and IoT company, widely used in Canada, raising suspicions of data leakage [5] - The Canadian government's claims against Hikvision lack substantial evidence, which could damage Canada's international trade reputation [5][9] Group 3 - Canada appears to be leveraging its stance against China to gain favor with the US, showcasing a dependency on American negotiations [7] - The actions against Chinese companies align with similar moves by the US and Australia, suggesting a coordinated effort among the Five Eyes alliance [7][8] - The market share of Hikvision in Canada is reported at 17.3%, and its removal could impact China's technology presence in North America [8]