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BizBeat Ep. 521: Europe is angered by greediness of the U.S.
CGTN
03:02

The United States has always been regarded as a partner and ally by Europe. However, when Europe is suffering from energy shortages, inflation and high unemployment, the U.S. has taken a bystander position, instead seizing a once-in-a-century opportunity to make a fortune. Meantime, the huge U.S. subsidies for the new energy vehicle sector are drawing companies away from Europe in droves. German Chancellor Olaf Scholz has publicly warned that a "tariff war" might happen if Washington keeps its aggressive subsidizing move. In this episode of BizBeat, CGTN's Kate Kui explains.

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