This document is a special report on the 2025 tariff situation, mainly integrating the insights of 40 overseas experts on how to respond to trade wars in six major fields.
Firstly, the report mentions that public attention to the trade war is very high, far exceeding the popularity of the Two Sessions, and both public opinion heat and public sentiment fluctuate with the policy trends between China and the United States. There are also regional differences in public opinion heat, with coastal provinces and cities that are highly dependent on foreign trade receiving more attention.
Secondly, the report focuses on the situation of six major industries in the trade war: automobiles, semiconductors, machinery manufacturing, pharmaceuticals, food, energy, and non-manufacturing industries. The degree, links, and scope of the impact of tariffs on each industry are different, and the response strategies are also divided into short-term and medium- to long-term. For example, in the short term, the automobile industry needs to pass on costs and adjust supply chains, while in the medium to long term, it needs to optimize supply chains and carry out global layout; in the semiconductor industry, short-term measures include risk assessment and response, while in the medium to long term, it is necessary to adjust multinational layouts and develop alternative technologies, etc.
Finally, the report concludes that the trade war is highly concerned, each industry has different response strategies, and it may promote the restructuring of global supply chains. Enterprises need to seize opportunities to enhance competitiveness.
