Core Points - The U.S. Department of Commerce announced an expansion of tariffs on steel and aluminum products, affecting hundreds of items including children's car seats, cutlery, and heavy equipment [1] - A total of 407 product categories have been added to the list of "derivative products" subject to a 50% tariff, effective immediately [1] - The new list includes wind turbines and their components, mobile cranes, household appliances, bulldozers, railway vehicles, furniture, compressors, and pumps among other products [1] Industry Impact - The Deputy Assistant Secretary for Industrial and Security, Jeffrey Kessler, stated that this move aims to "close loopholes" in tariff evasion and reiterated the goal of boosting the U.S. steel and aluminum industries [1] - Economists warn that while the immediate impact of tariffs on consumer prices may be limited, the full effects have yet to be realized [1] - Some companies are preemptively purchasing products expected to be subject to tariffs, while others may pass on additional costs to consumers or absorb some of the new tariff burdens [1] - Analysts indicate that importers and retailers cannot indefinitely bear these costs, suggesting that consumer prices for more goods may eventually rise [1]

Core Viewpoint - The tariff policy is expected to impact the U.S. infant products market, with a significant portion of essential baby care items being produced in Asia [1] Industry Impact - According to the American Association of Youth Products Manufacturers, approximately 90% of core infant care products, including bottles, strollers, and car seats, are manufactured in Asia [1] - The association is advocating for the U.S. government to exempt these products from tariffs to mitigate potential negative effects on the industry [1]

Core Viewpoint - The new tariff policy implemented by the U.S. government is significantly increasing the cost of child-rearing for American families, exacerbating an already high financial burden [1] Industry Impact - The average cost of raising an infant in the U.S. for the first year is approximately $20,384, which is about 148,800 RMB [1] - The new tariff policy is expected to increase expenses for new parents by several times [1] - Approximately 90% of essential baby care products, including bottles, strollers, and car seats, are produced in Asia, with a majority sourced from China [1] Manufacturer Response - The American Association of Youth Product Manufacturers is advocating for the exemption of tariffs, emphasizing the critical importance of baby products for children's well-being [1]