U.S. Rates States' Plastic Pollution Control Efforts! Renault Lowers 2025 Profit Margin Forecast

International News Digest:

Raw Material News - Ocean Conservancy Report Claims Most States Lagging in Plastic Pollution Efforts

Automotive News - Renault Appoints Interim CEO and Lowers 2025 Profit Forecast

Electronics News - Researchers Develop Breakthrough Heat - Conductive Plastic to Help Prevent Overheating in Advanced Electronic Devices

Medical News - Medical Disposables Manufacturer Reshores Operations to North Carolina

Macro News - AMD Announces Resumption of AI Chip Exports to China

Price Information - RMB/USD Central Parity Rate Reported at 7.1526, Down 28 Pips

Details of International News:

Anya, Plastic Policy Director of the Ocean ConservancyBrandon stated, "Overall, the results are disappointing. Four out of five Americans believe plastic pollution is the most urgent issue facing the oceans; however, in our study, only six states were rated 'good' or above. We hope the 'State of Plastic in America' report can drive policy change and provide a benchmark for states to measure their progress in addressing plastic pollution in the coming years."

Researchers Develop Breakthrough Heat - Conductive Plastic to Help Prevent Overheating in Advanced Electronic Devices

Anyone who has left a phone in a hot car knows that electronic devices shut down when they overheat. According to foreign media reports, researchers at Northeastern University have developed a new type of lightweight plastic - ceramic composite material that can conduct heat and more effectively cool advanced electronic devices. "Heat management is a huge challenge for devices such as power electronics and radar antennas," said Professor Randall Erb, head of Northeastern University's Directed Assembly of Particles and Suspensions (DAPS) Laboratory and lead researcher on the project. "When electronic devices overheat, you either have to slow them down or shut them off. That might be okay for a phone, but not for critical systems like radar." In collaboration with the U.S. Army Research Laboratory, researchers at Northeastern University have developed a material that combines ceramics, polymers, and additives to form a 3D - printable plastic composite. It has a unique nanoscale ordered internal structure that allows heat to pass through easily.

Renault Appoints Interim CEO and Lowers 2025 Profit Forecast

Following the unexpected departure of the former Chief Executive Officer (CEO) of French automaker Renault, the company has lowered its 2025 profit forecast and appointed its current Chief Financial Officer, Duncan Minto, as interim CEO. Duncan Minto will replace Luca de Meo, who is set to become CEO of Kering. On July 15, Renault stated that it is actively searching for a long - term CEO. According to people familiar with the matter, potential candidates include Denis Le Vot, head of the Dacia brand; Francois Provost, Renault's purchasing director; and former Stellantis executive Maxime Picat.

Overseas Macro Market Information:

【U.S. Treasury Secretary Explains Export of H20 Chips to China: China Has Developed Chips with Equivalent Performance, So We Can Sell Them】

According to Reference News, on July 15 local time, U.S. Treasury Secretary Bessent said in an interview with Bloomberg Television when talking about Nvidia's approval to export H20 chips that China has developed chips with performance equivalent to H20 chips, so there is no problem with Nvidia selling H20 chips.

【U.S. Proposes South Korea to Refer to Japan's Example: Establish a Sovereign Fund to Lend to South Korean Enterprises for U.S. Factory Construction】

According to South Korea's Chosun Ilbo, South Korean government officials familiar with relevant trade negotiations revealed that the U.S. has asked South Korea to take the lead in setting up a multi - billion - dollar investment fund aimed at boosting U.S. manufacturing. The fund, tentatively named the "Manufacturing Cooperation Promotion Fund", will provide financing support for South Korean enterprises to build factories, expand plants, or invest in local partners in the U.S. This request, confirmed on July 15, marks a significant shift from the U.S.'s previous focus on easing trade barriers in the agricultural and digital data sectors.

【AMD Announces Resumption of AI Chip Exports to China】

According to Singapore's Lianhe Zaobao website on July 16, U.S. chip company Advanced Micro Devices (AMD) said that it plans to resume exports of its MI308 chips to China after the U.S. announced it would approve the sales. Previously, the U.S. made a similar decision regarding a Nvidia chip.

【Trump Says Pharmaceutical Tariffs May Be Introduced Before August 1, Downplaying the Possibility of Reaching More Trade Agreements】

U.S. President Donald Trump said he could impose tariffs on pharmaceuticals as early as the end of this month and may soon impose tariffs on semiconductors, suggesting that these import taxes could be implemented along with the broad "reciprocal" tariffs set to take effect on August 1.

Price information: