Core Points - The new tariff measures signed by President Trump have come into effect, imposing tariffs ranging from 10% to 50% on numerous trade partners, leading to widespread discontent and calls for collective responses from affected nations [1] - The average tariff on imported goods is projected to exceed 18%, marking the highest level since 1934 [1] - Brazil and India are among the countries facing the highest tariffs, with both nations expressing strong resistance to the measures [1] - Switzerland has been particularly affected, facing a 39% tariff, the highest among European countries, which has raised significant concerns for its export-driven economy [3] - Japan, despite having reached an agreement with the U.S., found that the promised tax reductions were not implemented, leading to demands for immediate corrective actions [4] Summary by Category Tariff Implementation - The U.S. Customs and Border Protection began collecting higher tariffs on imports starting at 12:01 AM Eastern Time on July 7 [1] - The tariffs are set between 10% and 50%, significantly impacting trade relationships [1] Affected Countries - Brazil and India are subjected to a 50% tariff, with both countries indicating they will not easily concede to U.S. demands [1] - Switzerland is facing a 39% tariff, which is significantly higher than previously threatened, causing alarm among its export sectors [3] - Japan is facing a 15% tariff, with ongoing negotiations to address discrepancies in previously agreed terms [4] Economic Impact - The tariffs are expected to create substantial pressure on Switzerland's economy, particularly affecting industries such as watchmaking, industrial machinery, chocolate, and cheese [3] - Indian officials have indicated that the tariffs could impact defense procurement plans, although the government later denied any changes to ongoing negotiations [1][3] - The U.S. government's announcement regarding tariffs on transshipped goods is anticipated to target Southeast Asian countries, with potential implications for trade practices [4]

总结沉淀部署未来 会议在郎酒庄园独具韵味的氛围中拉开帷幕。公司董事长孙平范对全体代理商在上半年复杂市场环境下 展现的拼搏精神与取得的成绩致以诚挚谢意。同时对2025年上半年公司的整体发展情况进行了全面总 结，从市场拓展、产品研发、团队建设等方面阐述了公司取得的成绩与不足；并对2025年下半年的工作 提出了新的目标和要求，鼓励全体代理商继续发扬团结协作、拼搏进取的精神，为实现公司全年战略目 标而努力奋斗。 慈 星股份董事长孙平范 随后销售部向与会人员解读了横机业务半年度销售情况，通过详实的数据，全面复盘了各区域、各产品 线、各代理商的销售达成情况，精准剖析了市场趋势、竞争格局变化以及渠道动态中的关键亮点与挑 战，为代理商们清晰地阐述了下半年的核心销售战略及目标。为让代理商伙伴更全面地了解公司强大的 支撑体系，会议安排了财务部、法务部、售后服务部、信息化部、技术部等多部门联合主题演讲环节。 从销售数据到财务健康，从风险管控到客户体验，从工具革新到产品创新，全链条凸显公司赋能代理商 的决心与实力。 会议特设代理商分组讨论环节。来自各区域的代理商伙伴按区域划分，聚焦市场产品需求、营销痛点、 售后服务等难题积极建言献策 ...

Group 1 - The Indian government will implement comprehensive import restrictions on 371 types of Chinese goods starting March 2025, affecting various sectors including textiles, toys, consumer electronics, and telecommunications [1] - This move is a result of a notification from the Indian Ministry of Heavy Industries on August 28, 2024, which mandates that all products exported to India must comply with Indian standards and bear the mandatory Bureau of Indian Standards (BIS) mark [1][3] - India has been actively promoting the "Make in India" initiative to enhance its position in the global supply chain, with a focus on supporting domestic manufacturing and small enterprises, particularly in the context of its trade relationship with China [3] Group 2 - India's reliance on imports from China for upstream products has significantly increased, particularly for goods intended for further export, while exports to China have been declining at an average rate of 2% annually since 2017 [4] - In the fiscal year 2024, India exported goods worth $16.65 billion to China while importing goods worth $101.74 billion, highlighting a structural dependency on the Chinese supply chain, especially in high-tech and industrial sectors [4] - In the textile machinery sector, China accounted for $1.207 billion in exports to India in 2024, representing 25.76% of global exports, with a significant portion of India's textile machinery components, particularly knitting and non-woven machinery, being sourced from China [6] Group 3 - The trade imbalance between India and China has raised concerns within India regarding economic stability and industrial self-reliance, prompting the government to reassess its trade strategies and industrial policies [7] - The Indian textile industry is worried about the BIS standards, as it plans to introduce tens of thousands of high-speed machines that largely depend on imports, which could hinder its expansion plans during a critical period aimed at achieving $100 billion in exports and $250 billion in revenue by 2030 [7][9] - With 90% of high-speed looms in India relying on imports, the inclusion of textile machinery under the BIS standards poses significant challenges for the development of the Indian textile industry [9]