【环球时报驻美国特约记者 李致 环球时报记者 任伊然】7日，美国对瑞士设定的39%的惩罚性关税正 式生效，使瑞士成为西方国家中面临美方最高关税的国家之一。 综合彭博社、路透社等媒体7日的报道，美国这一举动震惊瑞士各界，也引发当地对瑞士联邦主席凯勒- 祖特尔谈判策略的广泛质疑。瑞士政界人士呼吁取消从美国购买F-35战斗机的数十亿美元协议，以回应 美国新近实施的关税。 此次高税率涵盖瑞士出口至美国的大部分工业产品，包括奢侈腕表、医疗器械等。有分析认为，美国的 关税可能会使瑞士的国内生产总值（GDP）减少0.3%到1%。瑞士媒体称，尽管瑞士早前认为与美方已 达成10%的初步税率框架，但美国总统特朗普在7月底与凯勒-祖特尔通话后，情况突变，特朗普宣布将 针对瑞士的关税提高至39%。 为避免关税落地，凯勒-祖特尔与瑞士联邦副主席帕姆兰5日紧急出发访问华盛顿。路透社称，尽管凯 勒-祖特尔与美国国务卿鲁比奥进行了"非常好的会谈"，但她并未能与特朗普或任何贸易决策高层直接 会面。美国政府方面最终拒绝了瑞士提出的10%的关税方案。 凯勒-祖特尔此次"空手而归"，在瑞士国内引发巨大争议。瑞士报纸《Blick》批评她"太天真"，瑞 ...

Group 1 - The market trend has shifted from policy-driven to fundamental and liquidity-driven since September last year, with expectations for a new upward phase in the second half of the year, potentially surpassing the peak in the second half of 2024 [4] - The U.S. is accelerating the Section 232 investigation, with a high likelihood of imposing tariffs on copper, while the feasibility of drug tariffs remains low; results are expected to be announced in the second half of the year [10] - The net profit forecast for Qiu Tai Technology has been raised by 20%/31%/40% for 2025/2026/2027, driven by the strong growth in IoT module shipments and product specification upgrades [14] Group 2 - Northern Rare Earth expects a net profit of 900 million to 960 million yuan for the first half of 2025, representing a year-on-year increase of 1882.54% to 2014.71%, supported by rising prices and reduced processing costs [20] - Juhua Co. anticipates significant profit growth due to the ongoing high demand for refrigerants, with net profit forecasts for 2025-2027 adjusted upwards by 11%/10%/8% [24] - Miao Ke Lan Duo expects a net profit of 120 million to 145 million yuan for the first half of 2025, reflecting a year-on-year growth of 68.1% to 103.1%, driven by strong market positioning in cheese [31] Group 3 - Tesla's global delivery volume showed a recovery in Q2 2025, while domestic new energy vehicle brands are intensifying competition, indicating potential shifts in consumer behavior [36] - China Hongqiao expects a net profit increase of approximately 35% for the first half of 2025, reaching about 12.36 billion yuan, supported by stable aluminum prices and resource availability [42] - Honglu Steel Structure reported double-digit growth in order volume and production in Q2 2025, with ongoing improvements in smart manufacturing processes enhancing competitive advantages [46]