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特朗普关税为啥无法重振制造业
Guo Ji Jin Rong Bao· 2025-08-07 15:41
Group 1 - The article highlights that despite Trump's promises to revive manufacturing through tariffs, the reality shows little improvement in the sector, with ongoing pressures from tariffs and consumer spending uncertainty [1][2] - Manufacturing activity in the U.S. has been shrinking, with the latest Purchasing Managers' Index (PMI) at 48, indicating contraction [2] - The effective average tariff rate on imported goods in the U.S. has risen to approximately 18%, the highest level since the 1930s, but economists suggest it is not high enough to bring back all manufacturing jobs [2][4] Group 2 - Various factors are impacting U.S. manufacturing, including consumer spending uncertainty, which has led companies like Whirlpool to reduce production [3] - The manufacturing sector has lost approximately 26,000 jobs in May and June, with an estimated 11,000 jobs lost in July, indicating challenges in finding skilled labor [3] - High tariffs may provide some competitive advantage to domestic manufacturers, but they also increase production costs, putting pressure on those unable to pass costs onto consumers [7] Group 3 - The U.S. has implemented tariffs ranging from 10% to 41% on imports from 69 countries, with additional tariffs on semiconductor imports reaching 100% [4] - The average effective tariff rate has increased sixfold since the beginning of the year, leading to a significant rise in tariff revenue [4] - Large manufacturers are still reliant on global supply chains for essential materials, which complicates the impact of tariffs on production costs [7] Group 4 - The ambitious $2 trillion manufacturing initiative promoted by the White House may take years to materialize, as establishing domestic supply chains and expanding facilities is a lengthy process [6] - Companies like Apple are making significant investment commitments in the U.S., but analysts caution that such investments may not fundamentally alter the global nature of their supply chains [7]