Group 1 - The U.S. Treasury Secretary's claim that China will lose 10 million jobs due to tariffs is criticized as exaggerated and unfounded, with actual calculations suggesting a maximum of 600,000 jobs based on U.S. labor statistics [1][3] - The U.S. manufacturing jobs have significantly decreased from 17.3 million in 2000 to 12.3 million, while productivity has increased by 60%, indicating that automation and offshoring are the real culprits behind job losses, not China [3][5] - The imposition of tariffs has led to increased prices for American consumers, with specific examples showing price hikes of 38% for bicycles and 52% for fans in Walmart, highlighting the immediate impact on the retail sector [5][7] Group 2 - The trade surplus between China and the U.S. reached a record high of $382.9 billion in 2023, demonstrating the resilience of China's export economy despite tariffs [5][7] - The U.S. attempts to decouple technology from China have backfired, as China's semiconductor imports fell by 27% while domestic chip production surged by 40%, indicating a shift in the global supply chain dynamics [7][8] - The narrative of job threats from China is seen as a reflection of U.S. hegemonic anxieties, with the U.S. struggling to balance its financial empire with the need for a robust manufacturing base [7][8]