On April 16, the Financial Association reported (Journalist Liang Kezhi) that it has been two weeks since the USA announced its reciprocal tariff policy on April 2.

In the East China region, a significant export base, Financial Association reporters interviewed several listed banks in Jiangsu and Zhejiang, and relevant persons indicated that they will successively release strategies and measures of their banks in response to the tariff war in the coming days.

Relevant personnel from Bank Of Ningbo believe that the current impact of tariffs is still controllable, and the future impact needs to be observed continuously.

A representative from China Zheshang Bank stated that the bank is internally sorting out measures to respond to the tariff war and will publicly announce them soon.

On April 17, at the performance release conference of Ruifeng Bank, relevant personnel responded to the impact of tariffs on banks, stating that the tariff increases have a profound impact on enterprises in the region; however, relatively speaking, the effects on the major export areas of Keqiao and Yiwu in Zhejiang are not significant.

The representative also stated that proactive judgments will be made regarding credit default risks, with increased efforts to set aside provisions and enhance risk resistance capacity.

Reporters from Financial Associated Press noted that on the Exchange investor interaction platform, Jiangsu Jiangyin Rural Commercial Bank, Jiangsu Changshu Rural Commercial Bank, and Industrial Bank recently responded to investor inquiries about the impact of reciprocal tariffs.

Most Banks believe that short-term risks are controllable and that there are opportunities in the future.

On April 15, Jiangsu Jiangyin Rural Commercial Bank responded to investors on the interactive platform, stating that it has fully recognized the pressure that USA tariff policies may bring on loan demand and net interest margin. The overall impact of "reciprocal tariffs" on the Banking industry is controllable, presenting both a challenge and a new opportunity.

Bank of Qingdao responded to investors, stating that the recent unreasonable tariffs imposed by the USA on multiple countries, including China, will have some short-term effects on foreign trade imports and exports. In the long term, it will accelerate the reshaping and upgrading of the Industry Chain, resulting in increasing demand for businesses to "go abroad," which presents opportunities amidst challenges for commercial banks.

For Bank of Qingdao itself, the recent tariff increase has a relatively limited impact on its business. On one hand, the proportion of trade settlement involving the USA is relatively low in terms of international settlement business scale, with a low concentration of USA-related business, limiting the impact on USA-related asset business. Meanwhile, some clients have already implemented measures to expand new channels and share tariff costs, thus keeping the range of influence relatively limited.

Earlier, Industrial Bank responded to an investor's question, stating that the current tariff policy in the USA has a limited impact on Industrial Bank, whose Operational fundamentals remain stable. In recent years, Industrial Bank has actively promoted business transformation and achieved good results in effectively responding to interest rate declines and various risk challenges.

Banks move their risk control thresholds forward, hoping for policy support if situations worsen.

Ruifeng Bank stated that it is promptly reviewing and analyzing potential impacts due to USA policy changes, collecting operational pain points and challenges through visits to foreign trade enterprises, and providing comprehensive financial service solutions.

In response to significant exchange rate fluctuations, they employ a combination of "online + offline" currency hedging services to enhance the effectiveness of foreign trade enterprises' exchange rate risk management and better cope with exchange rate volatility; they also initiate scenario-based exchange rate, fee rate, and interest rate incentive actions to help foreign trade enterprises reduce burdens and increase efficiency.

Regarding the risks, Jiangsu Jiangyin Rural Commercial Bank stated that it has fully recognized the pressure that the USA's tariff policy may exert on loan demand and net interest margins. It is effectively responding to external challenges by optimizing asset structure, increasing domestic credit issuance, and actively responding to policy directions.

Ruifeng Bank strengthens the visit follow-up and post-loan management for clients, conducts real-time monitoring of situations such as abnormal receivables for enterprises, formulates emergency plans, and adjusts credit entry and exit standards in real-time. It is also proactively determining the risks of credit defaults, increasing provisions, and enhancing risk resistance capabilities.

On the other hand, some industry practitioners interviewed believe that if the tariff battle escalates further, corresponding industrial or financial policies will be enacted to provide support.

On April 17, the head of a freight forwarding company in Shenzhen told the Financial Associated Press that due to a recent concentrated increase in shipments from Guangdong to Vietnam, the resources at the ports in Vietnam have become tense. In order to stabilize the cooperation channels and partnerships in Vietnam, arrangements have been made for face-to-face communication in Vietnam next week.

The latest report from Xiangcai Securities believes that under the pressure of the external economic environment, it is expected that financial increment policies will accelerate in conjunction with loose fiscal policies. The credit supply in banks for infrastructure and consumer sectors is expected to be strengthened, which may compensate to some extent for the credit gap caused by weakened external demand. Meanwhile, the efficiency of interest rate transmission at both the asset and liability ends will help alleviate the pressure on bank interest margins.