The American Chamber of Commerce has done a research report on "decoupling between China and the United States". According to the report, if the United States covers 25% tariffs in all bilateral trade areas between China and the United States. In other words, all goods exported from China to the United States, from electronic products to toothbrushes, toilet paper and screws, are subject to a 25% tariff.
What will happen next?
The answer is that by 2025, the annual conservative loss of US GDP will exceed $654.38+090 billion.
Another example is the investment field. If the US government decides to "decouple" from China in the investment field, it will be accompanied by a 50% reduction in US investment in China. This part of the released investment will be supplemented by the capital of other countries, and American investors will lose at least $25 billion a year.
Not only the American Chamber of Commerce, but also the world-famous consulting company "Boston Consulting Group" (BCG for short), they have conducted in-depth and detailed research on the complete decoupling between China and the United States in the semiconductor field, but the results have made the American semiconductor industry uneasy because of the high cost.