Group 1 - The U.S. government has announced a 10% "minimum benchmark tariff" on trade partners, with some partners facing higher tariffs, which has prompted mixed responses from companies in various sectors [1] - Companies in the home appliance and power equipment sectors have stated that the impact of U.S. tariff policies on their operations is limited, viewing it as an opportunity to expand into emerging markets [1] - According to a report by Founder Securities, while there is increased downward pressure on exports due to tariff policies, the long-term global competitive advantage of the export chain remains intact, indicating strong resilience in domestic exports [1] Group 2 - Domestic demand-driven industries such as food and beverage and publishing have shown significant resilience against tariff impacts, with companies like Dongpeng Beverage achieving 100% domestic procurement and production [2] - Leading publishing companies have reported minimal effects from U.S. tariffs as their main operations and raw materials are sourced domestically [2] - The steel industry is managing potential risks through supply-side adjustments, with limited impact from U.S. tariffs due to small export volumes to the U.S. [2] Group 3 - Export-oriented industries are adapting to tariff pressures through capacity transfer, market diversification, and technological upgrades, with companies like Ningbo Bowei Alloy establishing production bases in the U.S. and Vietnam to mitigate tariff impacts [3] - The pesticide and fertilizer sector is viewing U.S. tariffs as a growth opportunity, with companies planning to increase exports to regions like South America and Europe due to gaps left by competitors [3] - In the semiconductor industry, companies are diversifying their supply chains and focusing on domestic alternatives to reduce reliance on U.S. markets, with limited direct sales to the U.S. [3] Group 4 - Some companies in design and testing phases report minimal direct impact from tariffs due to low export ratios to the U.S., although downstream clients may experience cost pressures [4] - The value of the testing phase in chip production is relatively low, and the origin determination typically does not rely on this phase [4] Group 5 - Companies are shifting from passive responses to proactive upgrades, focusing on technological innovation, brand building, and global expansion to reshape their positions in the global supply chain [6] - A leading home appliance company has adjusted its production to comply with the USMCA, resulting in negligible cost impacts from tariffs on its U.S. sales [6] - A major automotive company has proactively reduced its exports to the U.S. in response to anticipated tariffs, indicating limited overall impact on its export business [6]