国产999免费视频|亚洲欧美激情综合首页|动漫人妻h无码中文字幕|国产精品欧美日韩视频一区|美女精品人妻视频一区二区|中文亲近交尾bd在线播放|色五月丁香亚洲高清无码国产|久久一区国产男人操女人的视频

position: EnglishChannel  > Insight> Trump Tariffs to Erode America's Own Might

Trump Tariffs to Erode America's Own Might

Source: Science and Technology Daily | 2025-04-24 10:38:58 | Author: By LIN Yuchen & HU Dingkun

U.S. President Donald Trump's fresh weaponization of tariffs against the whole world is not a sustainable solution. The "reciprocal tariffs," rooted in economic nationalism, will not revive America's manufacturing sector. On the contrary, it is more likely to harm it.

Empirical evidence and expert analyses suggest that the strategy is fundamentally flawed. According to an analysis by the ING Group, the cost of reshoring manufacturing is prohibitively high. Only high-value-added sectors, accounting for merely 10 to 15 percent of total U.S. imports, might consider returning home.

Intel's case is a representative example. A U.S.-based Intel fabrication plant demands up to 10 billion USD in investment and a workforce of approximately 6,000 employees, alongside a construction timeline spanning three to five years. This scale of investment is not easy to justify when the political and economic conditions remain uncertain. Most manufacturers, when faced with this risk, will continue to rely on existing overseas facilities rather than gamble on an unstable policy landscape.

Meanwhile, retaliatory tariffs from America's trading partners are emerging, and they threaten to undermine the very sectors the U.S. seeks to protect. ING originally projected that U.S. domestic manufacturing output could grow by three percent in 2025, bolstered by favorable regulatory and tax policies. That estimate has now been revised down to one percent in light of the tariff escalation.

Protectionism begets counter-protectionism, triggering a chain reaction that fragments global markets and diminishes export competitiveness.

Besides, the tariffs have done nothing to address the structural issues plaguing U.S. manufacturing. Since the 1950s, the share of manufacturing jobs in the American labor force plummeted from 30 percent to just 8 percent. The U.S. economy has evolved into a service-dominated model.

Manufacturing wages in the U.S. are on average 2.5 times higher than in South Korea, and labor shortages persist — particularly in skilled trades like welding, which has a national shortfall of over 300,000 workers.

Raising tariffs may inflate the prices of imported goods, but will not reduce domestic labor costs, retrain workers, or reverse decades of economic transition. The cost of living and production expenses across nearly every industry could witness an increase.

According to the Budget Lab of Yale, American households will pay an additional 3,800 USD annually as a result of the latest tariffs. Over 80 percent of the tariff burden is expected to be passed directly to consumers. From farms that rely on imported wire mesh to AI data centers that require precision electrical components, every sector will be affected.

The scope of this disruption is vast. In 2024, the U.S. imported goods worth 3.3 trillion USD, while its total manufacturing output contributed less than three trillion USD to GDP. The math is revealing: America imports more than it produces domestically. There may be room for reshoring, but it is limited. What level of reshoring does the U.S. government envision? Over what time frame? What are the thresholds for success or failure that would warrant a policy reversal? At present, there are no clear answers.

History has shown tariff wars have no winners. Economic protectionism, dressed as patriotism, inflicts more harm than it prevents. The aggressive U.S. tariff measures, particularly toward China and other key partners, are self-defeating. Rather than reviving American industry, they risk isolating the U.S. from global supply chains and inviting economic retaliation. The true path to industrial revival lies not in walls, but in innovation, investment, and international cooperation.


Editor:林雨晨

Top News

  • ?Emerging technologies like AI, big data and the Internet of Things are rapidly reshaping the world in this era of digital intelligence. However, they are also bringing challenges to human rights, which makes joint efforts essential. Science and Technology Daily spoke with international experts on these issues against the backdrop of the 2025 China-Europe Seminar on Human Rights hosted by the China Society for Human Rights Studies and Cátedra China Foundation in Madrid, Spain, on June 25 on the theme "Human Rights in the Era of Digital Intelligence."

First Human Clinical Trial of Invasive BCI in China

A major breakthrough in neurotechnology has been achieved with the successful completion of China's first-in-human clinical trial of an invasive brain-computer interface (BCI) system. With that China becomes the second country in the world to reach the clinical stage in this field.

GTCOM Establishes a Strategic Partnership with ITBM to Co-Build Malaysia’s National AI Translation Platform

On June 18, 2025, during the 31st Beijing International Book Fair (BIBF), Global Tone Communication Technology Co., Ltd. (GTCOM) and Malaysian Institute of Translation & Books (ITBM) held a strategic cooperation signing ceremony at China National Convention Center (CNCC), officially launching the development of Malaysia’s National AI Translation Platform.

抱歉,您使用的瀏覽器版本過(guò)低或開(kāi)啟了瀏覽器兼容模式,這會(huì)影響您正常瀏覽本網(wǎng)頁(yè)

您可以進(jìn)行以下操作:

1.將瀏覽器切換回極速模式

2.點(diǎn)擊下面圖標(biāo)升級(jí)或更換您的瀏覽器

3.暫不升級(jí),繼續(xù)瀏覽

繼續(xù)瀏覽
福海县| 天水市| 安泽县| 登封市| 嘉兴市| 陆川县| 若羌县| 汪清县| 大余县| 伊宁市| 罗定市| 房山区| 文昌市| 新民市| 三门县| 渝北区| 东乡族自治县| 那坡县| 定襄县| 襄汾县| 湟源县| 城口县| 上栗县| 库车县| 夏邑县| 望城县| 锦州市| 花莲市| 双辽市| 临沭县| 台南市| 灵寿县| 陕西省| 桦南县| 新河县| 商都县| 伊宁县| 富川| 互助| 黔东| 金平|