USD/CNY exchange rate: 7.1922
① China and the United States have again suspended their mutual 24% tariffs for 90 days.
② China has suspended or lifted relevant non-tariff countermeasures against the United States.
③ Zhejiang's foreign trade growth rates in all three categories outperformed the national average from January to July.
④ Shanghai will organize foreign trade export companies to participate in 101 overseas exhibitions in the second half of the year, collaborating to expand markets and secure orders.
⑤ A large number of export orders have been put on hold under US tariffs, prompting Indian companies to call for a "breakaway from the single market."
⑥ Under pressure from Trump's tariffs, the Reserve Bank of India reportedly sold at least $5 billion to stabilize the rupee exchange rate.
⑦ Myanmar and Laos have the highest tax rates, with transshipment tariffs having a significant impact. The new US reciprocal tariffs are putting significant pressure on Southeast Asia.
⑧ Australia has significantly relaxed regulations on electric bicycles.
⑨ Brazil has launched an anti-dumping investigation into Chinese fiberglass.
⑩ The number of bankruptcies in Germany increased significantly year-on-year in July.
