Group 1 - The U.S. has announced significant trade policy adjustments, including high tariffs on key raw materials like copper, indicating a comprehensive escalation of protectionist policies [1][2][4] - A trade agreement with South Korea includes a 15% tariff on imports, while South Korea commits to invest $350 billion in U.S. projects and purchase $100 billion in LNG [2] - Tariffs on Brazilian products have been raised to 50%, with certain products like wood pulp and oil exempted from the increase [2] Group 2 - A 50% tariff on imported semi-finished copper products and copper-intensive derivatives will take effect on August 1, leading to a significant drop in international copper prices, with a historic single-day decline of 17.7% [3][4] - The U.S. will suspend the tax exemption for low-value goods, meaning imports valued at or below $800 will be subject to all applicable tariffs, aimed at tightening trade policies [4] - The measures are justified under the guise of "national security" according to the U.S. Trade Expansion Act of 1962, raising concerns about potential retaliatory actions from trade partners and impacts on global supply chains [4]

Core Viewpoint - The article highlights how two companies in Ningbo, Zhejiang, have successfully navigated uncertainties in global trade and market competition through technological innovation and integrated production and finance strategies [1][2]. Group 1: Trade Performance - In April, China's total import and export volume increased by 5.6% year-on-year, with a 2.4% growth in the first four months, surpassing market expectations [2]. - Ningbo has become a significant economic center and trade port, with a diversified trade partner network and optimized product structure [2][3]. - Zhongji Ningbo Group has maintained its position as a leader in foreign trade in Ningbo, with a focus on various trade forms and a global supply chain system [3]. Group 2: Company Growth and Strategy - Zhongji Ningbo's import covers 50 countries, while its exports reach over 150 countries, with a steady growth in domestic trade [3]. - In 2024, Zhongji Ningbo achieved total revenue of 141.6 billion yuan, a 12.3% increase, while maintaining an export volume of 5.776 billion USD [3]. - Jintian Copper Industry has established eight production bases in China and Southeast Asia, enhancing its competitive advantage through a complete industrial chain [3][4]. Group 3: Technological Innovation - Jintian Copper Industry has focused on digital transformation, implementing over 100 digital and intelligent projects annually, significantly improving operational efficiency [6][7]. - The company has achieved 100% connectivity of key equipment and an 82% coverage rate for data collection, enhancing production quality and efficiency [7]. - Zhongji Ningbo has developed a digital innovation center, leveraging big data and AI to improve decision-making and risk management capabilities [8][10]. Group 4: Risk Management and Supply Chain - Companies are adopting diversified procurement strategies to mitigate supply chain risks and are establishing strategic inventories to stabilize supply [11][12]. - Jintian Copper Industry utilizes financial derivatives to manage price volatility risks, ensuring stable operations amid market fluctuations [12]. - Zhongji Ningbo plays a crucial role in linking trade and production, helping businesses manage risks and enhance profitability through various trading services [13].