[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dciobff7d873":3},{"user":4,"document":8,"mainDocument":28,"columnUrl":30,"subscription":31,"footer":43,"text":78},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":24,"videoId":6,"liveVideoUrl":6,"duration":25,"price":25,"priceText":26,"priceBadgeText":26,"priceBadgeClass":27,"freeForMinGroupLevel":25,"redirectUrl":6,"readyToStream":5},"dciobff7d873","美股恐又要崩！特朗普发起新一轮关税攻势，影响堪比对等关税","\u002Fdoc\u002Fdciobff7d873","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp class=\"MsoNormal\">6\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">月\u003C\u002Fspan>18\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">日，据彭博社报道，美国总统唐纳德&middot;特朗普政府正推进另一轮关税&ldquo;攻势&rdquo;。一些贸易专家认为，这些关税行动比他针对各国&ldquo;量身定制&rdquo;税率的做法在法律上更加站得住脚，而最终可能对进口产生同样广泛的影响。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">美国商务部将在数周内公布针对数个被视为对国家安全至关重要的行业的调查结果，包括芯片、制药和关键矿产。外界普遍预计，调查可能会为对上述行业的诸多外国产品出台关税奠定基础。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">特朗普在第一任期已根据《贸易扩展法》第\u003C\u002Fspan>232\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">条的授权，于\u003C\u002Fspan>2018\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">年征收钢铝进口税。近期，他扩大了征税范围，将含有上述金属的消费品纳入其中。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cimg style=\"display: block; margin-left: auto; margin-right: auto;\" src=\"https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202506-stk\u002F18608699302025-06-19.jpg\" alt=\"\">\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cstrong>01\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">｜\u003C\u002Fspan>232\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">条款升级，\u003C\u002Fspan>&ldquo;\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">全球性关税\u003C\u002Fspan>&rdquo;\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">呼之欲出？\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">根据《贸易扩展法》第\u003C\u002Fspan>232\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">条，特朗普早在\u003C\u002Fspan>2018\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">年就对钢铝产品加征进口税。如今，他的目标不再局限于原材料，而是将家用电器、制成品等消费级商品纳入征税清单，关税税率高达\u003C\u002Fspan>50%\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">。这项条款，原本只是为了保护国家安全，如今却有逐步\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">全球化\u003C\u002Fspan>&rdquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">的趋势。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">Nazak Nikakhtar\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">（前美国商务部高级官员）直言：\u003C\u002Fspan>&ldquo;232\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">条款正在变成全球性关税工具，其限制范围可能涵盖几乎所有进入美国的商品。\u003C\u002Fspan>&rdquo;\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">这意味着，关税政策可能从最初的\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">国别针对\u003C\u002Fspan>&rdquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">，升级为\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">产品类别打击\u003C\u002Fspan>&rdquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">，其影响不再局限于某几个国家，而是全球供应链。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cstrong>02\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">｜对等关税被判非法，特朗普另辟蹊径\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">值得注意的是，今年\u003C\u002Fspan>4\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">月特朗普试图依据《国际紧急经济权力法》（\u003C\u002Fspan>IEEPA\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">）实施所谓\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">对等关税\u003C\u002Fspan>&rdquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">，但随后被国际贸易法院判定违法并要求撤销。尽管如此，特朗普似乎早有后手\u003C\u002Fspan>&mdash;&mdash;232\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">条款成了他\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">合法\u003C\u002Fspan>&rdquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">扩大关税的工具。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">这也引发了新的担忧：\u003Cstrong>即使\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cstrong>IEEPA\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">被封堵，\u003C\u002Fspan>232\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">条款的\u003C\u002Fspan>&ldquo;\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">弹性解释\u003C\u002Fspan>&rdquo;\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">可能让特朗普继续推进关税计划。\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cstrong>03\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">｜从金属到芯片，美国产业链面临重塑\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">此次调查涵盖的行业远比上一轮更具战略意义。芯片、药品、关键矿产等关乎国家核心竞争力的领域首当其冲。特朗普甚至放话：\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">如果苹果等公司不将手机生产转回美国，将对其征税。\u003C\u002Fspan>&rdquo;\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">商务部还明确表示，洗衣机、洗碗机、干衣机等家用电器也被纳入征税清单，理由是\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">对国家安全至关重要\u003C\u002Fspan>&rdquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">。这不禁让人疑惑：\u003Cstrong>国家安全的边界，是否已经被无限扩大？\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cstrong>04\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">｜经济影响几何？通胀风险加剧\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">密歇根州立大学一项研究指出，这些新关税将影响近\u003C\u002Fspan>2000\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">亿美元的商品，几乎是特朗普第一任期内的四倍。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">教授\u003C\u002Fspan>Jason Miller\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">警告：\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">当前这轮关税的覆盖范围更广、消费品更多，恐将推高整体通胀水平。\u003C\u002Fspan>&rdquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">例如，钢制罐头、锡制品的生产者价格指数在年初就已上涨\u003C\u002Fspan>8.7%\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">，而这还是在关税加码之前的数据。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">未来可能出现的连锁反应包括：\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cul style=\"margin-top: 0in;\" type=\"disc\">\n\u003Cli class=\"MsoNormal\" style=\"mso-list: l0 level1 lfo1; tab-stops: list .5in;\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">商品价格上涨\u003C\u002Fspan>\u003C\u002Fli>\n\u003Cli class=\"MsoNormal\" style=\"mso-list: l0 level1 lfo1; tab-stops: list .5in;\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">企业成本激增\u003C\u002Fspan>\u003C\u002Fli>\n\u003Cli class=\"MsoNormal\" style=\"mso-list: l0 level1 lfo1; tab-stops: list .5in;\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">消费者支出下降\u003C\u002Fspan>\u003C\u002Fli>\n\u003Cli class=\"MsoNormal\" style=\"mso-list: l0 level1 lfo1; tab-stops: list .5in;\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">美联储货币政策更加被动\u003C\u002Fspan>\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp class=\"MsoNormal\">\u003Cstrong>05\u003C\u002Fstrong>\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">｜谈判博弈升级，盟友与对手皆困扰\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">特朗普的关税策略不仅是对外经济施压，更是谈判中的筹码。但问题在于，\u003C\u002Fspan>232\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">条款调查的不确定性让各国难以\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">下注\u003C\u002Fspan>&rdquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">China Beige Book\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">创始人\u003C\u002Fspan>Leland Miller\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">指出：\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">各国无法判断\u003C\u002Fspan>232\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">关税是否会与国别关税叠加，因此不愿轻易签署任何协议。\u003C\u002Fspan>&rdquo;\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">甚至日本首相都表态：\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">我们不能为了赶时间签协议而牺牲国家利益。\u003C\u002Fspan>&rdquo;\u003C\u002Fp>\n\u003Cdiv class=\"MsoNormal\" style=\"text-align: center;\" align=\"center\">\u003Chr align=\"center\" size=\"2\" width=\"100%\">\u003C\u002Fdiv>\n\u003Cp class=\"MsoNormal\">\u003Cstrong>\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">写在最后：\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">特朗普关税新政正从\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">国家安全\u003C\u002Fspan>&rdquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">出发，演变为全球贸易政策的\u003C\u002Fspan>&ldquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">核武器\u003C\u002Fspan>&rdquo;\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">。如果这些政策持续推进，不仅将重新定义美国产业链，更可能掀起新一轮全球通胀与供应链震荡。\u003C\u002Fspan>\u003C\u002Fp>","https:\u002F\u002Fwww.tradesmax.com\u002Fimages\u002Fa_Stock\u002FS\u002FSPY\u002FSPY.jpg","2025-06-19T16:53:04.877","2025.06.19","2025\u002F06\u002F19",57371,[22,23],"SPY","QQQ","Article",0,"免费","success",{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":29,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":24,"videoId":6,"liveVideoUrl":6,"duration":25,"price":25,"priceText":26,"priceBadgeText":26,"priceBadgeClass":27,"freeForMinGroupLevel":25,"redirectUrl":6,"readyToStream":5},[22,23],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":32,"services":33,"recentDocuments":42},"\u003Cfigure class=\"image\">\u003Ca href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\" target=\"_blank\" rel=\"noopener noreferrer\">\u003Cimg style=\"display:block;margin-left:auto;margin-right:auto;\" src=\"https:\u002F\u002Fstockwewebfiles.blob.core.windows.net\u002Fweb-202408-stk\u002F1586109431mceclip0.jpg\">\u003C\u002Fa>\u003C\u002Ffigure>\u003Cdiv class=\"text-center\">\u003Ch2 class=\"card-title mx-auto\">\u003Cbr>\u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\">案例介绍：英伟达深度研究报告\u003C\u002Fa>\u003C\u002Fh2>\u003C\u002Fdiv>",[34,38],{"productId":35,"serviceName":36,"priceText":37},"prod_PPxdDdK87QaiLv","月付","$12.95美元",{"productId":39,"serviceName":40,"priceText":41},"prod_PPxeMs3bix1da5","年付","$149.00美元",[],{"links":44,"images":69,"summaryHtml":74,"aboutTitle":75,"aboutHtml":76,"copyrightHtml":77},[45,48,51,54,57,60,63,66],{"label":46,"url":47},"深度报告","\u002Fcol\u002FdepthReport",{"label":49,"url":50},"VIP会员","\u002Fplan",{"label":52,"url":53},"期权推荐","\u002FOption",{"label":55,"url":56},"低价暴涨股","\u002FPenny",{"label":58,"url":59},"常见问题","https:\u002F\u002Fstockwe.com\u002FFAQ",{"label":61,"url":62},"美股课程","\u002Fcol\u002Fvideos",{"label":64,"url":65},"免责声明","\u002Fdisclaimer",{"label":67,"url":68},"联系我们","\u002FContactUs",[70,71,72,73],"https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploaderzic2tuwsol2_2025_09_11_18_21_07.gif","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadercakzdvydksw_2025_09_03_09_00_56.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadergtjyagwvoyk_2025_09_14_08_32_05.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploader3u0tt4jhlqh_2025_09_23_22_30_48.png","邮箱: buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 StockWe.com 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理千万级股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":79,"search":80,"searchPlaceholder":80,"hotContent":81,"draft":82,"noData":83,"searchNoData":84,"edit":85,"editVideo":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","编辑","编辑视频","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]