美国企业能在多大程度上缓冲关税冲击仍然悬而未决

Core Insights - The extent to which U.S. companies can absorb the impact of tariffs remains uncertain [1] - Profit margins are near record levels, providing companies with some capacity to absorb increased costs from high tariffs [1] - The growth of after-tax profits in the fourth quarter of last year was the largest in over two years, indicating potential resilience [1] Financial Performance - Upcoming earnings reports are expected to show a decline in profitability in the first three months of 2025, prior to the imposition of significant tariffs by the Trump administration [1] - Consumer fatigue from prolonged high inflation is evident, which may affect companies' ability to pass on rising costs [1] Economic Outlook - There are signs of increasing recession risks, contributing to the uncertainty surrounding companies' capacity to transfer cost increases to consumers [1]