摘要今日周三（8月20日)亚盘时段，现货黄金目前交投于3311.84美元附近，截至发稿，现货黄金最新 报3311.69美元/盎司，跌幅0.10%，最高上探3317.21美元/盎司，最低触及3311.39美元/盎司。目前来 看，现货黄金短线偏向看空走势。 新清单涵盖汽车零部件、化学品、塑料和家具部件——彰显特朗普动用行业关税的触及范围之广。这独 立于他的"对等关税"所动用的行政权力。 今日周三（8月20日)亚盘时段，现货黄金目前交投于3311.84美元附近，截至发稿，现货黄金最新报 3311.69美元/盎司，跌幅0.10%，最高上探3317.21美元/盎司，最低触及3311.39美元/盎司。目前来看， 现货黄金短线偏向看空走势。 【要闻速递】 据报道称，上周五，美国总统特朗普(Donald Trump)扩大钢铁和铝关税范围，将摩托车和餐具等400多 种含有这些金属的消费品纳入其中，此举震惊了美国的物流行业。 美国报关行和进口商几乎没有接到任何有关这一变更的通知，变化于当地时间周一生效，同时不排除在 途货物。就在许多人准备周末出行之际，美国海关和边境保护局发布了新的关税清单，并于周二刊登在 《联邦公报》上，这给贸 ...

Core Viewpoint - Eagle Precision (01286) experienced a significant decline of over 15%, closing at 3.4 HKD with a trading volume of 12.96 million HKD due to the impact of new tariffs on steel and aluminum imports announced by the Trump administration [1] Group 1: Company Impact - Approximately 40% of Eagle Precision's products sold to the U.S. are under "Delivered Duty Paid" terms, meaning the company is responsible for transportation, customs clearance, and payment of applicable taxes and tariffs [1] - About 60% of the products included in the new tariff list will incur additional tariffs, which are significantly higher than the company's gross margin, making the supply commercially unfeasible and potentially constituting a force majeure event [1] - For the fiscal year ending December 31, 2024, revenue from U.S. sales is expected to account for approximately 44.4% of the company's total revenue [1] Group 2: Business Operations - The board of directors acknowledges that the additional tariffs may impact the company's business and operations, but they are currently negotiating to pass on the extra tariffs to customers [1] - The company is unable to provide a specific assessment or calculation of the potential impact of the additional tariffs at this time [1] - Eagle Precision will continue to monitor the situation closely and will take appropriate measures to mitigate the impact of the additional tariffs on its business and operations [1]

Core Viewpoint - Eagle Precision (01286) experienced a significant decline of over 15%, currently trading at 3.4 HKD with a transaction volume of 12.96 million HKD due to the impact of new tariffs on steel and aluminum imports imposed by the Trump administration [1] Group 1: Tariff Impact - On August 15, the Trump administration announced an expansion of a 50% tariff on steel and aluminum imports [1] - Approximately 40% of Eagle Precision's products sold to the U.S. are under "Delivered Duty Paid" terms, meaning the company is responsible for transportation, customs clearance, and payment of applicable taxes and tariffs [1] - About 60% of the products included in the new tariff list will incur additional tariffs, which are significantly higher than the company's gross margin, making the supply commercially unfeasible [1] Group 2: Financial Exposure - For the fiscal year ending December 31, 2024, revenue from U.S. sales is expected to account for approximately 44.4% of the company's total revenue [1] - The board of directors acknowledges that the additional tariffs may impact the company's business and operations, but specific assessments and calculations regarding the impact are currently not possible as negotiations to pass on the tariff costs to customers are ongoing [1] - The company will continue to monitor the situation closely and will take appropriate measures to mitigate the impact of the additional tariffs on its business and operations [1]

Core Viewpoint - Eagle Precision (01286) experienced a significant decline of over 15%, trading at 3.4 HKD with a transaction volume of 12.96 million HKD due to the impact of new tariffs on steel and aluminum imports imposed by the Trump administration [1] Group 1: Tariff Impact - On August 15, the Trump administration announced an expansion of a 50% tariff on steel and aluminum imports [1] - Approximately 40% of Eagle Precision's products sold to the U.S. are under "Delivered Duty Paid" terms, meaning the company is responsible for transportation, customs clearance, and payment of all applicable taxes and tariffs [1] - About 60% of the products included in the new tariff list will incur additional tariffs, which are significantly higher than the company's gross margin, making the supply commercially unfeasible and potentially constituting a force majeure event [1] Group 2: Revenue and Business Impact - For the fiscal year ending December 31, 2024, revenue from U.S. sales is expected to account for approximately 44.4% of the company's total revenue [1] - The board of directors acknowledges that the additional tariffs may impact the company's business and operations, but they are currently negotiating to pass on the tariff costs to customers [1] - The company is closely monitoring the situation and will take appropriate measures to mitigate the impact of the additional tariffs on its business and operations [1]

Group 1 - The core agreement between the US and EU involves a 15% tariff rate, increasing the effective tariff on EU goods exported to the US from approximately 10% to about 16% [1] - Goldman Sachs revised its forecast for the impact of trade tensions on the Eurozone's GDP from -0.6% to -0.4%, indicating a more positive outlook for the European economy [1][6] - The agreement is expected to positively influence European growth forecasts for 2025 and 2026, raising predictions by 0.1 percentage points to 1.1% and 1.2% respectively [1][6] Group 2 - The automotive sector benefits significantly from the agreement, with tariffs on cars reduced from 27.5% to 15%, impacting approximately €60 billion in exports, which constitutes 10% of total EU exports to the US [2] - Germany and Italy are the primary beneficiaries, accounting for 74% of EU automotive exports to the US [2] Group 3 - Pharmaceutical products are temporarily exempt from the new 15% tariff until early 2027 due to the sensitivity of drug pricing, with Ireland, Germany, Belgium, and Italy being the main beneficiaries of this exemption [3] Group 4 - Tariffs on steel and aluminum will remain at 50%, while the EU plans to reduce trade barriers through tariff cuts and quota systems [4] - Steel and aluminum products represent only 4% of the EU's total exports to the US, approximately €23 billion [4] Group 5 - The EU has committed to significantly increasing its procurement of US energy products, aiming for $750 billion over three years, which would triple current imports and account for 60% of EU energy imports [5] - Achieving this procurement goal is considered highly challenging, even with existing plans included [5] Group 6 - The overall economic impact of the tariff agreement is better than expected, with Goldman Sachs adjusting its GDP growth forecasts upward for 2025 and 2026, while also noting a slight increase in inflation expectations for 2026 [6]

Core Viewpoint - The U.S. Secretary of Commerce has confirmed that the deadline for imposing tariffs on trade partners is August 1, with no extensions or grace periods [3]. Group 1: Tariff Implementation - The tariffs will officially take effect on August 1, and customs will begin collecting them [3]. - A few countries have reached agreements with the Trump administration, resulting in tariff levels that are generally higher than the new 10% baseline rate but lower than the threatened higher rates [3]. Group 2: U.S.-EU Trade Negotiations - EU Commission President Ursula von der Leyen is set to meet with President Trump to negotiate a trade agreement before the August 1 deadline, or face tariffs up to 30% on EU exports to the U.S. [7]. - The outcome of the negotiations largely depends on Trump's decisions, with both sides having significant unresolved issues [8][9]. - The EU has prepared countermeasures, including potential tariffs on approximately €100 billion (about $117 billion) worth of U.S. products, should the U.S. impose the 30% tariffs [9]. Group 3: Business Delegation to China - A high-level U.S. business delegation is expected to visit China, organized by the U.S.-China Business Council, to potentially restart commercial negotiations [5]. - The delegation will include executives from Boeing and the U.S.-China Business Council, indicating a significant engagement in trade discussions [4][5].

Group 1 - The EU is preparing to sign a temporary "framework" agreement with the US, setting the tariff rate at 10%, which is equal to the baseline tariff imposed on the UK [1] - The US has proposed a draft agreement that offers limited tariff exemptions only for specific sectors like aircraft and spirits, while key industries such as automotive and pharmaceuticals receive no exemptions [2] - The EU is expected to face challenges in negotiations, as it is unlikely to achieve the same tariff reductions as the UK, particularly in steel and automotive sectors [2][3] Group 2 - The EU's negotiation strategy has faced criticism from businesses and some European countries, with calls for a quicker agreement [3] - In contrast, the UK has successfully negotiated a trade agreement with the US, reducing tariffs on automotive imports and securing zero tariffs on steel and aluminum products [4] - The UK’s approach has been characterized as a straightforward business transaction, allowing for flexibility and understanding of US objectives [4]

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: Trade Negotiations - The EU is attempting to reach a trade agreement with the US similar to the UK-US agreement, aiming to resolve some tariff disputes before the July 9 deadline to avoid immediate retaliatory tariffs against the US [1][3] - The US has increased tariffs on EU steel and aluminum products from 25% to 50%, with President Trump threatening to raise "reciprocal tariffs" to 50% if no agreement is reached [3][5] - EU internal divisions are weakening its negotiating position, with some countries like France advocating for retaliation while others, including Italy and Hungary, prefer continued negotiations [5][6] Group 2: Economic Impact - The UN warns that global foreign direct investment (FDI) is at risk of declining for the third consecutive year due to tariff uncertainties and geopolitical tensions, projecting an 11% drop in 2024 [9] - The UN Secretary-General highlighted that rising trade barriers and geopolitical divisions could worsen the already challenging economic outlook, with tariffs increasing uncertainty for investors [9][10] - A recent Business Roundtable report indicated a 15-point drop in the CEO Economic Outlook Index, attributed to unpredictable trade policies and widespread uncertainty [10]

Group 1 - The U.S. plans to quickly set quotas on steel and aluminum products, as well as certain derivative steel and aluminum products produced in the UK, at the most favored nation tariff rate [1]