美国公司破产在2025年达到15年来的最高水平,原因是高利率、通货膨胀和关税,特别是冲击太阳能和制造业部门。 U.S. corporate bankruptcies reached a 15-year high in 2025 due to high rates, inflation, and tariffs, especially hitting solar and manufacturing sectors.

美国公司破产在2025年达到15年来的最高点,截至11月,有717家公司申请第11章或第7章的保护,比2024年高出14%。 U.S. corporate bankruptcies hit a 15-year high in 2025, with 717 companies filing for Chapter 11 or Chapter 7 protection by November—14% more than in 2024. 高利率、持续通货膨胀和激进的贸易政策,包括提高制造商、零售商和太阳能公司成本的对进口的高关税,都与高利率、持续通货膨胀和激进的贸易政策相关联。 The surge is tied to high interest rates, persistent inflation, and aggressive trade policies, including steep tariffs on imports that raised costs for manufacturers, retailers, and solar firms. 诸如制造业、建筑业和消费品等行业的申报数量急剧增加,一些引人注目的“大破产”涉及资产超过10亿美元的公司。 Industries like manufacturing, construction, and consumer goods saw sharp increases in filings, with several high-profile "mega bankruptcies" involving firms with over $1 billion in assets. 太阳能公司特别受到关税的影响,关税从5%以下上升到约20%,加上减税优惠措施。 Solar companies were particularly affected by tariffs that rose from under 5% to about 20%, combined with reduced tax incentives. 尽管通货膨胀冷却到2.7%,国内生产总值增长达到4.3%,但许多企业竭力吸收不断上升的成本,导致关闭和失业。 Despite inflation cooling to 2.7% and GDP growth reaching 4.3%, many businesses struggled to absorb rising costs, leading to closures and job losses.