BizBeat Ep. 281: Washington punishes U.S. businesses to score political points against China
The Trump-Biden tariffs on billions of dollars worth of Chinese goods have proven by study after study to have backfired on U.S. businesses. It's not China that's paying these tariffs, but American businesses and consumers. The U.S. politicians have always campaigned on standing up for small businesses, on standing up for the little guy. However, when small business owners call for an end to the trade war because of the rising cost, the U.S. government turns a deaf ear. In this episode of Bizbeat, CGTN's Michael Wang explains.