美国对等关税动态跟踪：美国对等关税落地，中国聚焦自身发展

Investment Rating - The industry rating is "Positive" based on the expectation that the industry index will outperform the CSI 300 index by more than 10% within the next six months [20]. Core Insights - The report highlights the impact of reciprocal tariffs on trade dynamics, particularly between the U.S. and various countries, which could influence market conditions and investment opportunities [9][12]. - It notes that China's exports to the U.S. have fluctuated, with a significant portion of total exports being directed towards the U.S. market, indicating a reliance on this trade relationship [15][19]. - The report emphasizes the need for companies to adapt to changing trade policies and tariffs, which could create both risks and opportunities in the industry [12][19]. Summary by Sections - Tariff Impact: The report details various countries' responses to U.S. tariffs, including retaliatory measures such as imposing tariffs on U.S. goods and legal actions in international trade organizations [12]. - Export Data: It provides statistics on China's export amounts to the U.S. over recent years, showing a decline in the percentage of total exports directed to the U.S. from 19.2% in 2018 to 14.8% in 2023 [15][17]. - Trade Partners: The report lists major trade partners and their respective export amounts to China, highlighting the importance of the U.S. as a key market [19].