Group 1 - The core point of the news is the escalation of trade tensions due to Trump's imposition of "reciprocal tariffs" on multiple countries, which has led to significant international anxiety [1][5] - Trump announced a 90-day delay for most countries to negotiate terms before the tariffs take effect, indicating a strategy of pressure and negotiation [3][11] - China has responded strongly by imposing tariffs on 30 countries and warning against any country that compromises with the U.S. at China's expense [1][28] Group 2 - Trump's "reciprocal tariffs" are seen as a low-cost strategy for the U.S., allowing it to potentially gain billions without significant investment [9][12] - The strategy involves leveraging negotiations to pressure countries into compliance, particularly targeting China [14][16] - Countries like the EU and the UK are aligning with the U.S. to counter China, indicating a shift in international trade dynamics [19][21] Group 3 - Indonesia is negotiating with the U.S. for tariff reductions, which may involve limiting China's influence in its nickel mining sector [26][28] - China's response includes imposing anti-dumping duties on imports from several countries, signaling a commitment to protect its domestic industries [30][32] - The situation highlights the ongoing geopolitical struggle, with countries needing to navigate their positions carefully to avoid backlash from either the U.S. or China [5][17]

Group 1 - The EU faces a critical rare earth shortage, with a warning from the EU Ambassador to China that a solution must be found within 30 days to avoid jeopardizing the visit of the European Commission President [1][2] - The EU's reliance on China is highlighted by the fact that 98% of its rare earth magnet supply comes from China, which is essential for electric vehicles and green energy transitions [2] - China's response includes a new regulation requiring rare earth companies to report key technical personnel information to prevent core technology leakage, emphasizing that export controls are in line with international norms [3][5] Group 2 - The Chinese Ministry of Commerce announced anti-dumping duties on stainless steel imports from the EU, UK, South Korea, and Indonesia for five years, effective July 1, 2025, as a defensive measure against potential market disruptions [1][5] - The EU's trade imbalance is evident, with a significant increase in its trade surplus with China, reaching $117 billion in the first five months of 2025, a 23% increase from the previous year [2][8] - The EU's contradictory stance of seeking fair competition while imposing trade barriers is criticized, as it aims to process 40% of its rare earths domestically by 2030, despite lacking the necessary technology [8][9]

Domestic News - The Ministry of Commerce announced that starting from July 1, 2025, anti-dumping duties will continue to be imposed on imports of stainless steel billets and stainless steel hot-rolled sheets/strips originating from the EU, UK, South Korea, and Indonesia, with a duration of 5 years [1]. International News - China's dual aircraft carriers successfully completed long-range combat training [3]. - The State Administration of Foreign Exchange issued a new batch of QDII quotas totaling $3.08 billion [3]. - The Ministry of Foreign Affairs indicated a conditional resumption of seafood imports from certain regions of Japan [3]. - Policies aimed at further deepening financial services for new industrialization are expected to be researched and introduced [3]. - The Ministry of Commerce expressed strong dissatisfaction and firm opposition to the Canadian government's closure of Hikvision's operations in Canada [3]. - The Ministry of Finance stated that foreign investors can offset 10% of the corresponding tax amount based on their investment amount if they invest directly from distributed profits [3]. - Citigroup projected that the supply gap in the gold market is expected to peak in Q3 2025, followed by a gradual decline due to decreased investment demand [3]. - Federal Reserve's Bostic maintained the expectation of one rate cut this year and three rate cuts next year [3]. - Reports indicated that U.S. President Trump will sign an executive order on Monday to ease sanctions on Syria [3]. - U.S. Treasury Secretary Basant mentioned a wave of trade agreements is expected to be signed in the final week before the July 9 deadline [3]. - President Trump anticipated that due to low oil prices, Ukraine may reach a ceasefire agreement with Russia [3].