Core Viewpoint - The article discusses the impact of the recent tariff reductions between China and the United States on the trade dynamics in Yiwu, a major hub for small commodity exports. It highlights the mixed responses from local businesses, with some experiencing increased demand while others remain cautious or face challenges due to previous tariff policies [3][12]. Summary by Sections Tariff Adjustments - On May 14, the U.S. and China implemented reciprocal tariff reductions, with the U.S. canceling 91% of tariffs on Chinese goods and suspending 24% of a 34% tariff for 90 days, while China reciprocated similarly [3][4]. - The U.S. also reduced tariffs on small packages from China, lowering the international mail tax rate from 120% to 54% [3]. Trade Volume Surge - Following the tariff reductions, container shipping bookings from China to the U.S. surged nearly 300%, with a seven-day average booking volume increasing by 277% to 21,530 standard containers [4][3]. Yiwu's Trade Performance - Yiwu's total import and export value reached 668.93 billion yuan in 2024, marking an 18.2% year-on-year increase, with exports at 588.96 billion yuan (up 17.7%) and imports at 79.97 billion yuan (up 22.2%) [7]. Market Sentiment and Business Responses - Despite the positive trade data, the atmosphere in Yiwu's international trade city appeared relatively calm, with many businesses reporting stable operations rather than a surge in new orders [7][10]. - Some businesses, particularly those dealing in seasonal products like Christmas decorations, noted that while inquiries from U.S. clients increased, actual order volumes had not yet risen significantly [10][12]. Varied Business Experiences - Different businesses reported varied impacts from the tariff changes. Some, like a seller of Christmas decorations, experienced increased production demands, while others faced delays or cancellations from U.S. clients due to previous tariff uncertainties [10][12]. - A portion of businesses expressed confidence that the tariff reductions would eventually lead to increased orders, while others remained unaffected due to their limited exposure to the U.S. market [14][15]. Broader Economic Implications - The easing of trade tensions between the U.S. and China is expected to have significant implications for global supply chains, potentially restoring stability and efficiency that had been disrupted by previous tariff conflicts [16].

Group 1 - The trade war has reached a critical point, with Washington showing signs of desperation despite its tough stance [1][2][3] - U.S. Treasury Secretary's aggressive rhetoric contrasts with the recent willingness of the Commerce Department to restart agricultural negotiations with China [2][3] - Major retailers like Walmart are now negotiating cost-sharing on tariffs, indicating a shift in their approach compared to two years ago [4][6] Group 2 - Technology companies are increasing their investments in China, with over $18 billion in fixed asset investments in Q2 alone, a 30% increase compared to pre-trade war levels [6] - Consumer prices are rising significantly, with Adidas increasing the price of new shoes from $120 to $180, leading to public outcry [7][8] - The U.S. government is facing logistical challenges, with military and agricultural sectors experiencing shortages and excesses, respectively [8][12] Group 3 - European countries are shifting their trade policies towards China, with Germany and France advocating for independent strategies [10][12] - Japan is also adapting, with Toyota agreeing to technology transfers and collaborations with Chinese firms [14] - U.S. companies are feeling the pressure, as evidenced by a 12% drop in corporate profits in Q2, while tariff revenues increased by 15% [14] Group 4 - Public sentiment is turning against the trade war, with 62% of Americans believing that tariffs are harming them, a significant increase from three months ago [16] - Protests are emerging, with truck drivers and supermarket employees voicing their frustrations over rising costs [15][16] - The trade war has inadvertently promoted Chinese manufacturing, as consumers now recognize the quality of Chinese products despite higher prices [22][24] Group 5 - The U.S. government is in a difficult position, unable to cancel tariffs without losing face, yet facing increasing pressure from rising inflation and public discontent [25][26] - The focus should shift from countering China to addressing domestic economic issues, particularly the financial burden on American consumers during the holiday season [27]

以下文章来源于华商韬略 ，作者华商韬略 华商韬略 . 聚焦标杆与热点、解构趋势与韬略 2018年中美贸易摩擦开始的三个月后，一家日本媒体悄悄去了义乌，走访了100家店铺，记者的 问题只有一个： 关税对你们有没有影响？ 这位记者显然听到了他想要的答案—— 制造拖车轮胎的店主说，"当然有影响了，没生意做了。"箱包店的老板说，"订单取消了，我损 失了好几万。" 作者： 东木褚 来源：华商韬略（ ID：hstl8888） 2018年，特朗普用关税对中国发动"突袭"，打了很多企业一个措手不及，外贸重镇义乌的企业 尤其艰难。 如今，面对更加疯狂的关税乱战，义乌的老板还好吗？ 01 还有人被问得直接破防了，"日本记者为什么关注中美贸易战？和你们日本有关系吗？" 末了，商贸城的一位市场运营人员道出了义乌老板最怕的事，"不仅美国，其他国家的买家也少 了，比起看得见的损失，谁都不来买东西这种看不见的损失最让人担心。" 那段时期，贸易战的阴影逐渐在义乌蔓延，从事对美出口的日韩买家减少近半，在商贸城的文具 店区，商铺数量少了一成多，当年整个市场的成交额虽然还在涨，但增长率从25%下降到了 11%，增速放缓了不少。 02 7年后的20 ...

Group 1 - The article highlights the concerns of merchants in Yiwu, the world's largest wholesale market, regarding the impact of the US-China trade war, particularly the recent announcement of a 50% tariff on Chinese goods by President Trump [1][2] - Merchants in Yiwu are shifting their focus away from the US market, with many reporting that their US customer base has decreased significantly, now accounting for less than 10% of their business [2] - The Chinese government is actively promoting market diversification, with only 15% of China's exports currently going to the US, down from 19% in 2017, indicating a strategic shift to reduce reliance on the US market [2] Group 2 - Economic analysts suggest that the proposed tariffs will ultimately burden American consumers more than they will impact China, with the self-damage to the US economy potentially exceeding any retaliatory measures from China [3] - Yiwu's trade statistics for 2024 show a significant increase in trade with regions outside the US, with 18% of trade with Africa, 17% with Latin America, and 10% with ASEAN countries, reflecting a clear trend towards diversifying export markets [2]