Xin Hua She·2025-07-23 05:38Group 1 - The core viewpoint of the articles is that the U.S. government's tariff policies are negatively impacting American businesses and consumers, acting like a "boomerang" that ultimately harms the economy [1][2] - Major U.S. companies, including General Motors, reported significant financial losses due to tariff policies, with GM's second-quarter losses amounting to $1.1 billion and a 35.4% year-on-year drop in net profit to $1.9 billion [1] - Stellantis indicated that it could face a net loss of $2.7 billion in the first half of the year due to tariffs, highlighting the financial strain on the automotive sector [1] Group 2 - Retail giant Walmart has raised prices on essential goods due to tariff impacts and warned of potential price increases for back-to-school items starting this month [2] - Amazon has also increased prices on low-cost items such as deodorants and protein shakes, reflecting the broader trend of rising consumer prices [2] - A report from Yale University estimates that the tariffs will lead to a 2.1% increase in domestic price levels, costing each American household approximately $2,800, with low-income families facing three times the disposable income loss compared to wealthier households [2]