Core Viewpoint - The impact of the U.S. tariff policy is becoming increasingly evident, with rising anxiety among businesses that it may lead to job losses rather than the intended job creation in the domestic manufacturing sector [1][2]. Group 1: Business Sentiment - Executives and economic forecasting institutions express concerns that the tariff policy aimed at bringing manufacturing jobs back to the U.S. may ultimately result in a reduction of domestic employment [1]. - The ISM manufacturing index has dropped to 48.2%, indicating a contraction in the industry, with the employment sub-index falling 2 percentage points to 44%, the lowest level since August [1]. - A manager in the electrical equipment and appliance sector stated that the operational challenges posed by tariffs are more severe than those experienced during the COVID-19 pandemic [2]. Group 2: Economic Indicators - The OECD report indicates that while tariffs have not yet significantly impacted the global economy, their full effects may still be forthcoming, with a notable decline in the value of imports affected by tariffs [2]. - The Federal Reserve's recent economic report noted a slight decrease in employment numbers over the past seven weeks, attributing this to uncertainties surrounding tariffs and tariff policies [2].