Summary of important news from the European and American markets on May 12

< br > < b > Domestic News: < br > < span class = "section-news" > 1. Sino-US Geneva Economic and Trade Talks Joint Statement Released: China and the United States have cancelled 91% of tariffs and suspended the implementation of 24% tariffs. < br > < span class = "section-news" > 2. The Ministry of Commerce held a roundtable meeting of foreign trade enterprises: make every effort to rescue foreign trade enterprises and provide more support. < br > < span class = "section-news" > 3. Central Bank and other departments: increase support for Guangzhou's Nansha marine industry, commercial aerospace, and the global unmanned industry. < br > < span class = "section-news" > 4. China has launched a special project to combat the smuggling and export of strategic minerals, and will organize a series of operations in the near future, including medium and heavy rare earths that have previously implemented export controls. < br > < b > International news: < br > < span class = "section-news" > 1. Citi postponed the forecast of the next Federal Reserve interest rate cut from June to July. < br > < span class = "section-news" > 2. On May 12 local time, the PKK decided to dissolve itself. < br > < span class = "section-news" > 3. It is reported that Apple will raise the price of autumn iPhone, but avoid blaming tariffs. < br > < span class = "section-news" > 4. US Treasury Secretary Vincent: We will study how to solve the problem of non-tariff barriers. < br > < span class = "section-news" > 5. Federal Reserve Governor Coogler supports keeping interest rates unchanged at current levels, but still believes that tariffs will have a significant impact. < br > < span class = "section-news" > 6. Affected by the news of Sino-US economic and trade talks, spot gold once fell below $3,210/ounce, and international oil prices rose by more than 3%. < br > < span class = "section-news" > 7. Trump said drug prices would be cut by 59% to 80%, and could even reach 90%, and tariffs would be imposed on countries that refuse to lower drug prices.