#美国加征关税 Impact **

- **On the United States**:

- **Increased Consumer Costs**: American think tanks estimate that annual household spending will increase by approximately $1,300.

- **Pressure on Businesses**: Companies reliant on Chinese supply chains face rising costs, with some industries (such as agriculture) affected by Chinese counter-tariffs.

- **On China**:

- **Export Resilience**: Exports to the U.S. continue to grow, but some low-added-value industries are shifting to Southeast Asia.

- **Accelerated Industrial Upgrade**: Domestic substitution is advancing in high-tech fields (such as semiconductors).

- **Global Supply Chain**: Intensifies the trend of 'de-risking', with Southeast Asia and Mexico becoming alternative production bases.