{"id":615958,"date":"2026-01-20T09:40:30","date_gmt":"2026-01-20T17:40:30","guid":{"rendered":"https:\/\/nai500.com\/?p=615958"},"modified":"2026-01-20T09:40:30","modified_gmt":"2026-01-20T17:40:30","slug":"trump-200-ewq-lvmh","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/01\/trump-200-ewq-lvmh\/","title":{"rendered":"Trump \u63d0\u51fa\u5c0d\u9999\u6ab3\u8ab2\u5fb5 200% \u95dc\u7a05\uff1b\u805a\u7126 EWQ\u3001LVMH"},"content":{"rendered":"

\u7f8e\u570b\u7e3d\u7d71 Donald Trump \u5728\u6697\u793a\u6cd5\u570b\u7e3d\u7d71 Emmanuel Macron \u5c07\u62d2\u7d55\u52a0\u5165\u4ed6\u6240\u63d0\u8b70\u7684\u300c\u548c\u5e73\u59d4\u54e1\u6703\u300d\u5f8c\uff0c\u5a01\u8105\u5c0d\u6cd5\u570b\u8461\u8404\u9152\u8207\u9999\u6ab3\u8ab2\u5fb5 200% \u7684\u95dc\u7a05\u3002\u9019\u9805\u5730\u7de3\u653f\u6cbb\u62bc\u6ce8\u63a9\u84cb\u4e86\u9054\u6c83\u65af\u8b70\u984c\uff0c\u4e26\u4f7f\u6b50\u6d32\u98a8\u96aa\u60c5\u7dd2\u9707\u76ea\u3002\u5fb7\u3001\u6cd5\u3001\u82f1\u7684\u57fa\u6e96\u6307\u6578\u5747\u4e0b\u8dcc\u7d04 1%\u3002iShares MSCI France ETF (EWQ) \u5831 45.29\uff0c\u8dcc 0.17%\u3002Trump \u4e5f\u516c\u5e03\u4e86\u4e00\u5247\u4f86\u81ea Macron \u9080\u8acb\u4ed6\u672c\u9031\u5728\u5df4\u9ece\u5171\u9032\u665a\u9910\u7684\u7c21\u8a0a\uff0c\u51f8\u986f\u6b64\u8209\u80cc\u5f8c\u9ad8\u5ea6\u500b\u4eba\u5316\u7684\u653f\u6cbb\u98a8\u96aa\u3002<\/p>\n

\u95dc\u7a05\u5a01\u8105\u8207\u9054\u6c83\u65af\u6c23\u6c1b\u76f8\u78b0\u649e<\/h3>\n

\u91dd\u5c0d\u6cd5\u570b\u4ee3\u8868\u6027\u51fa\u53e3\u5546\u54c1\u7684\u95dc\u7a05\u885d\u64ca\uff0c\u76f4\u64ca\u5e02\u5834\u4fe1\u5fc3\uff0c\u6b63\u503c\u6295\u8cc7\u4eba\u539f\u672c\u671f\u671b\u9054\u6c83\u65af\u8a0e\u8ad6\u8edf\u8457\u9678\u800c\u975e\u786c\u7dda\u653f\u6cbb\u3002\u7576\u6b50\u6d32\u4e3b\u8981\u6307\u6578\u958b\u4f4e\uff0c\u9632\u79a6\u6027\u677f\u584a\u76f8\u5c0d\u8868\u73fe\u66f4\u4f73\u6642\uff0c\u65b0\u4e00\u8f2a\u8de8\u5927\u897f\u6d0b\u8cbf\u6613\u885d\u7a81\u7684\u53ef\u80fd\u6027\u6d6e\u73fe\u3002\u50cf EWQ \u9019\u985e\u66b4\u9732\u65bc\u6cd5\u570b\u7684\u57fa\u91d1\u8b8a\u8edf\uff0c\u4ea4\u6613\u54e1\u8f49\u5411\u7f8e\u5143\u8cc7\u7522\uff0c\u9060\u96e2\u6b50\u6d32\u5468\u671f\u80a1\u3002\u82e5\u95dc\u7a05\u5347\u7d1a\uff0c\u5962\u4f88\u54c1\u3001\u98f2\u6599\u8207\u65c5\u904a\u696d\u5c07\u6210\u70ba\u9996\u7576\u5176\u885d\u7684\u6a19\u7684\u3002\u9019\u500b\u4f48\u5c40\u4e26\u4e0d\u964c\u751f\uff1a\u4ee5\u95dc\u7a05\u908a\u7de3\u653f\u7b56\u4f5c\u70ba\u66f4\u5927\u653f\u6cbb\u722d\u7aef\u7684\u7c4c\u78bc\u3002\u4e0d\u540c\u4e4b\u8655\u5728\u65bc\uff0c\u9019\u6b21\u8207\u4e00\u500b\u9700\u7e73\u4ea4\u5341\u5104\u7f8e\u5143\u5165\u5834\u8cbb\u7684\u653f\u5e9c\u5916\u548c\u5e73\u5021\u8b70\u639b\u9264\uff0c\u800c\u975e\u50b3\u7d71\u8cbf\u6613\u7533\u8a34\u3002\u9019\u7a2e\u65b0\u7a4e\u6027\u589e\u52a0\u4e86\u6295\u8cc7\u4eba\u7684\u4e0d\u78ba\u5b9a\u6027\uff0c\u4ed6\u5011\u4ecd\u8a18\u5f97 2018\u20132020 \u5e74\u95dc\u7a05\u9010\u6b65\u5347\u7d1a\u7684\u6b77\u7a0b\u3002<\/p>\n

\u70ba\u4f55\u9999\u6ab3\u5c0d\u96d9\u65b9\u90fd\u662f\u91cd\u8981\u69d3\u687f<\/h3>\n

200% \u7684\u95dc\u7a05\u6703\u88ab\u8a2d\u8a08\u6210\u5177\u54ac\u5408\u529b\u3002\u6309\u50f9\u503c\u8a08\u7b97\uff0c\u7f8e\u570b\u662f\u6cd5\u570b\u975c\u614b\u8461\u8404\u9152\u8207\u9999\u6ab3\u7684\u91cd\u8981\u5e02\u5834\uff0c\u7f8e\u570b\u6d88\u8cbb\u8005\u63a8\u52d5\u4e86\u9ad8\u50f9\u7522\u54c1\u92b7\u552e\u8207\u7bc0\u6176\u6d88\u8cbb\u91cf\u3002\u9999\u6ab3\u5177\u6709\u5b9a\u50f9\u6b0a\u4f46\u4e5f\u6709\u66ff\u4ee3\u54c1\u3002\u5982\u6b64\u898f\u6a21\u7684\u95dc\u7a05\u6703\u8fc5\u901f\u53cd\u6620\u5230\u8ca8\u67b6\u50f9\u683c\uff0c\u58d3\u6291\u92b7\u91cf\u4e26\u4f7f\u6d88\u8cbb\u8f49\u5411 Prosecco\u3001\u52a0\u5dde\u8d77\u6ce1\u9152\u8207\u570b\u7522\u9ad8\u6a94\u8461\u8404\u9152\u3002\u9032\u53e3\u5546\u3001\u5206\u92b7\u5546\u8207\u9910\u98f2\u696d\u6703\u627f\u53d7\u90e8\u5206\u885d\u64ca\uff0c\u4f46\u50f9\u683c\u50b3\u5c0e\u6703\u5f88\u5feb\u3002\u4e0a\u4e00\u6b21\u83ef\u76db\u9813\u4ee5\u95dc\u7a05\u91dd\u5c0d\u6b50\u6d32\u8461\u8404\u9152\u6642\uff0c\u92b7\u91cf\u4e0b\u6ed1\u4e14\u5eab\u5b58\u6a21\u5f0f\u6539\u8b8a\u3002\u9019\u6b21\u5c07\u9060\u8f03\u4ee5\u5f80\u5927\u3002\u5373\u4fbf\u6700\u7d42\u672a\u751f\u6548\uff0c\u50c5\u6191\u5a01\u8105\u4e5f\u53ef\u80fd\u64fe\u4e82\u8a02\u55ae\uff0c\u8cb7\u5bb6\u5728\u914d\u984d\u4e0a\u7336\u8c6b\u4e26\u907f\u96aa\u66ff\u4ee3 SKU\u3002\u6cd5\u570b\u7684\u99b3\u540d\u9152\u6b3e\u5efa\u7acb\u5728\u7a00\u7f3a\u6027\u8207\u54c1\u724c\u8cc7\u672c\u4e4b\u4e0a\uff1b\u95dc\u7a05\u8feb\u4f7f\u964d\u50f9\u6216\u72a7\u7272\u7522\u91cf\u4ee5\u4fdd\u5e02\u5834\u4efd\u984d\uff0c\u5169\u8005\u5747\u5c0d\u5176\u69cb\u6210\u58d3\u529b\u3002<\/p>\n

\u95dc\u6ce8 LVMH\u3001Pernod Ricard\u3001Remy Cointreau<\/h3>\n

LVMH \u7684 Moet Hennessy \u55ae\u4f4d (LVMH MC FP, LVMUY) \u70ba\u6700\u5927\u9999\u6ab3\u751f\u7522\u8005\uff0cMoet & Chandon\u3001Veuve Clicquot\u3001Dom Perignon \u8207 Krug \u5747\u70ba\u8a72\u985e\u5225\u6838\u5fc3\u54c1\u724c\u3002\u7f8e\u570b\u662f\u9019\u4e9b\u9152\u838a\u7684\u91cd\u8981\u7372\u5229\u5f15\u64ce\u3002Pernod Ricard (RI FP, PDRDY) \u64c1\u6709 G.H. Mumm \u8207 Perrier-Jouet\uff0c\u4e26\u5728\u7f8e\u570b\u64c1\u6709\u53ef\u89c0\u7684\u901a\u8def\u3002Remy Cointreau (RCO FP, REMYY) \u5c0d\u5e72\u9091\u7684\u66dd\u96aa\u8f03\u5927\uff0c\u4f46\u82e5\u9ad8\u7aef\u70c8\u9152\u5438\u6536\u4f86\u81ea\u9999\u6ab3\u7684\u964d\u7d1a\u9700\u6c42\uff0c\u4e5f\u6703\u9762\u81e8\u9130\u8fd1\u985e\u5225\u58d3\u529b\u3002\u50cf Laurent-Perrier \u8207 Vranken-Pommery \u7b49\u7d14\u7cb9\u639b\u724c\u516c\u53f8\uff0c\u7531\u65bc\u66dd\u96aa\u96c6\u4e2d\uff0c\u95dc\u7a05\u65b0\u805e\u53ef\u80fd\u5f15\u767c\u66f4\u5927\u6ce2\u52d5\u3002\u5c0d\u80a1\u5e02\u800c\u8a00\uff0c\u554f\u984c\u4e0d\u53ea\u662f\u6d41\u5931\u7684\u7f8e\u570b\u92b7\u91cf\uff0c\u800c\u662f\u7d44\u5408\u3002\u7f8e\u570b\u8cb7\u5bb6\u504f\u597d\u9ad8\u6bdb\u5229\u7684\u9999\u6ab3 cuv\u00e9e\uff0c\u9019\u88dc\u8cbc\u4e86\u5168\u7403\u8461\u8404\u5712\u7d93\u71df\u8207\u54c1\u724c\u6295\u8cc7\u3002\u82e5\u5e72\u6642\u671f\u7684\u4f9b\u61c9\u4e2d\u65b7\uff0c\u6703\u8feb\u4f7f\u751f\u7522\u8005\u4ee5\u8f03\u4e0d\u5229\u7684\u5229\u6f64\u7387\u5411\u6b50\u6d32\u8207\u4e9e\u6d32\u91cd\u914d\uff0c\u589e\u52a0 2026 \u5e74\u8ca1\u6e2c\u7684\u4e0d\u78ba\u5b9a\u6027\u3002<\/p>\n

\u5f9e\u5a01\u8105\u5230\u8ab2\u7a05\uff1a\u653f\u7b56\u8def\u5f91<\/h3>\n

\u5f9e\u53f0\u4e0a\u53e3\u982d\u558a\u8a71\u5230 Customs and Border Protection \u7684\u95dc\u7a05\u751f\u6548\uff0c\u4e2d\u9593\u8def\u9014\u6f2b\u9577\u3002\u653f\u5e9c\u82e5\u8981\u8fc5\u901f\u65bd\u52a0\u61f2\u7f70\u6027\u7a05\u7387\uff0c\u9700\u4f9d\u9760 Section 301 \u6216\u4ee5\u570b\u5bb6\u5b89\u5168\u70ba\u7531\u639b\u9264\uff0c\u4e26\u7531 U.S. Trade Representative \u555f\u52d5\u7a0b\u5e8f\u6216\u767c\u51fa\u7dca\u6025\u516c\u544a\u3002\u9019\u5c07\u62db\u81f4\u5e03\u9b6f\u585e\u723e\u7acb\u5373\u56de\u61c9\u4e26\u5f88\u53ef\u80fd\u5f15\u767c WTO \u6311\u6230\u3002\u904e\u53bb\u6848\u4f8b\u986f\u793a\uff0c\u6a19\u984c\u5f0f\u95dc\u7a05\u5f80\u5f80\u5728\u8ac7\u5224\u684c\u4e0a\u88ab\u7a00\u91cb\uff0c\u6216\u5728\u4e92\u60e0\u63aa\u65bd\u9020\u6210\u570b\u5167\u653f\u6cbb\u6210\u672c\u5f8c\u906d\u5230\u66ab\u7de9\u3002\u5e02\u5834\u6703\u95dc\u6ce8\u4efb\u4f55 Federal Register \u7684\u516c\u544a\u6216\u6b63\u5f0f\u7684 USTR \u8abf\u67e5\uff0c\u56e0\u70ba\u90a3\u6703\u628a\u53e3\u982d\u8a00\u8ad6\u8b8a\u6210\u53ef\u4ee5\u4ea4\u6613\u7684\u65e5\u7a0b\u3002\u6c92\u6709\u90a3\u4e9b\u7a0b\u5e8f\uff0c\u57fa\u672c\u60c5\u6cc1\u4ecd\u662f\u6230\u8853\u58d3\u529b\u800c\u975e\u8feb\u5728\u7709\u776b\u7684\u57f7\u884c\u3002\u4f46\u50c5\u50c5\u5a01\u8105\u672c\u8eab\u5c31\u6703\u6536\u7dca\u8a72\u7522\u696d\u7684\u91d1\u878d\u689d\u4ef6\uff0c\u9019\u4e5f\u662f\u70ba\u4f55\u4ea4\u6613\u54e1\u5df2\u958b\u59cb\u570d\u7e5e\u98f2\u6599\u8207\u5962\u4f88\u54c1\u66dd\u96aa\u91cd\u65b0\u90e8\u7f72\u7684\u539f\u56e0\u3002<\/p>\n

Macron \u8868\u793a\u62d2\u7d55\uff0cTrump \u516c\u5e03\u7c21\u8a0a<\/h3>\n

\u64da\u719f\u6089\u5167\u60c5\u7684\u4eba\u58eb\u7a31\uff0cMacron \u9810\u8a08\u6703\u62d2\u7d55\u52a0\u5165\u548c\u5e73\u59d4\u54e1\u6703\uff0c\u7406\u7531\u5305\u62ec\u8a72\u7d44\u7e54\u7684\u6db5\u84cb\u7bc4\u570d\u5df2\u8d85\u51fa\u52a0\u6c99\u91cd\u5efa\uff0c\u4e14\u8cea\u7591\u5341\u5104\u7f8e\u5143\u7684\u5165\u6703\u8cbb\u3002Trump \u516c\u958b\u4ee5\u5632\u8af7\u56de\u61c9\uff0c\u8868\u793a\u4ed6\u53ef\u4ee5\u4ee5\u5c0d\u6cd5\u570b\u8461\u8404\u9152\u8207\u9999\u6ab3\u8ab2\u5fb5\u95dc\u7a05\u7246\u4f86\u5f37\u8feb\u6210\u6848\u3002\u4ed6\u4e26\u5206\u4eab\u4e86 Macron \u9080\u8acb\u4ed6\u9031\u56db\u5728\u5df4\u9ece\u5171\u9032\u665a\u9910\u7684\u7c21\u8a0a\uff0c\u5c07\u5916\u4ea4\u5206\u6b67\u8f49\u70ba\u4e00\u5247\u5728\u5e02\u5834\u4e0a\u5feb\u901f\u50b3\u64ad\u7684\u8a71\u984c\u3002\u6b64\u6469\u64e6\u767c\u751f\u4e4b\u969b\uff0c\u83ef\u76db\u9813\u8207\u5df4\u9ece\u5728\u4e2d\u6771\u53ca\u70cf\u514b\u862d\u653f\u7b56\u4e0a\u4ecd\u6709\u5354\u8abf\uff0c\u800c\u6b50\u6d32\u6b63\u9762\u81e8\u589e\u9577\u653e\u7de9\u3002\u6b50\u6d32\u5404\u570b\u9996\u90fd\u5c0d\u4efb\u4f55\u770b\u4f3c\u8207\u806f\u5408\u570b\u5b89\u5168\u7406\u4e8b\u6703\u7af6\u722d\u7684\u65b0\u589e\u6a5f\u5236\u6301\u8b39\u614e\u614b\u5ea6\uff0c\u9019\u4e5f\u8b93\u6b64\u722d\u7aef\u8d85\u8d8a\u4e86\u55ae\u7d14\u7684\u9152\u838a\u8207\u9152\u6a19\u4e4b\u722d\u3002<\/p>\n

\u6295\u8cc7\u4eba\u76ee\u524d\u5982\u4f55\u5b9a\u50f9<\/h3>\n

\u4ea4\u6613\u54e1\u5728\u52fe\u52d2\u4e09\u7a2e\u8def\u5f91\u3002\u7b2c\u4e00\u7a2e\u662f\u9054\u6c83\u65af\u5f8c\u9010\u6f38\u9000\u5834\u7684\u53e3\u982d\u865b\u5f35\u8072\u52e2\uff0c\u6c92\u6709\u6b63\u5f0f\u7a0b\u5e8f\u4e14\u5e02\u5834\u640d\u50b7\u6709\u9650\u3002\u7b2c\u4e8c\u7a2e\u662f\u8f03\u5c0f\u65bc 200% \u7684\u6709\u91dd\u5c0d\u6027\u95dc\u7a05\u6e05\u55ae\uff0c\u4f5c\u70ba\u570d\u7e5e\u548c\u5e73\u59d4\u54e1\u6703\u8ac7\u5224\u7684\u7c4c\u78bc\uff0c\u540c\u6642\u8ac7\u5224\u6301\u7e8c\u3002\u7b2c\u4e09\u7a2e\u662f\u5168\u9762\u8ab2\u7a05\uff0c\u5728\u6578\u9031\u5167\u5f71\u97ff\u9032\u53e3\u4e26\u8feb\u4f7f\u901a\u8def\u91cd\u65b0\u5b9a\u50f9\u3002\u5e02\u5834\u8f03\u50be\u5411\u60c5\u5883\u4e00\u6216\u4e8c\u3002\u5009\u4f4d\u914d\u7f6e\u53cd\u6620\u51fa\u6b64\u9ede\uff1a\u5c0d\u6b50\u6d32\u66dd\u96aa\u65bd\u52a0\u6eab\u548c\u58d3\u529b\uff0c\u5c0d\u7f8e\u570b\u9ad8\u7aef\u8461\u8404\u9152\u8207\u70c8\u9152\u7684\u6f5b\u5728\u53d7\u76ca\u8005\u4fdd\u6709\u8208\u8da3\uff0c\u4e26\u5728\u5c0d\u6cd5\u570b\u5962\u4f88\u54c1\u9700\u6c42\u654f\u611f\u7684\u500b\u80a1\u8cb7\u5165\u9078\u64c7\u6b0a\u6027\u66dd\u96aa\u3002\u82e5\u9ad8\u7aef\u8461\u8404\u9152\u50f9\u683c\u4e0a\u6f32\uff0c\u7f8e\u570b\u98f2\u6599\u540c\u696d\u5982 Constellation Brands (STZ) \u8207 Brown-Forman (BF.B) \u53ef\u80fd\u7372\u5f97\u908a\u969b\u9700\u6c42\u652f\u6490\u3002\u501a\u91cd\u6cd5\u570b\u9152\u6b3e\u4ee5\u5438\u5f15\u5ba2\u6d41\u7684\u5c08\u9580\u96f6\u552e\u5546\u8207\u6703\u54e1\u5236\u4ff1\u6a02\u90e8\u5c07\u9762\u81e8\u7d44\u5408\u9006\u98a8\uff0c\u800c\u6709\u7522\u80fd\u751f\u7522\u8d77\u6ce1\u9152\u7684\u672c\u571f\u9152\u5ee0\u53ef\u80fd\u627f\u63a5\u5206\u92b7\u8a02\u55ae\u3002<\/p>\n

\u901a\u81a8\u3001\u532f\u7387\u8207 Fed \u7684\u89d2\u5ea6<\/h3>\n

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