雪球·2025-04-05 03:03Core Viewpoint - The article discusses the implications of the recent tariff measures announced by former President Trump, which are expected to significantly impact various industries and companies, particularly in the technology and manufacturing sectors [4][10]. Group 1: Tariff Overview - The new tariffs represent the highest level in a century, increasing from an average of 2% to 29%, surpassing the previous peak of 20% in 1930 [7]. - Target countries for the highest tariffs include Southeast Asian nations, with Cambodia at 49%, Vietnam at 46%, and Laos at 48% [8]. - The overall tariff on Chinese goods will reach 54%, combining existing tariffs with new measures, approaching Trump's 2024 election promise of 60% [9]. Group 2: Reasons for Tariff Implementation - The primary goal of the tariffs is "America First," driven by increasing trade deficits, which rose by 17% to $918.4 billion in 2024 [11]. - Political support is a key factor, as Trump aims to appeal to voters in manufacturing-heavy regions affected by job losses [13]. - The tariffs are also intended to pressure trade partners into renegotiating unfavorable trade agreements, such as NAFTA [14]. Group 3: Market Impact and Company Analysis - The tariffs are expected to adversely affect global technology companies like Apple, Nvidia, and Tesla, which rely heavily on international supply chains [16]. - Retailers such as Walmart and Costco may face profit pressures due to increased import costs, leading to higher consumer prices [17]. - The aviation industry, including companies like Boeing, may experience cost increases and potential impacts on overseas orders due to rising material costs and retaliatory tariffs [17]. - Short-term market volatility is anticipated, with capital likely flowing into safer assets like gold and U.S. Treasuries, while emerging markets and A-shares may face pressure, particularly in export-oriented sectors [18].