New US tariffs are creating uncertainty for its economy, hurting consumers by pushing up inflation and putting great pressure on over 30 million small American businesses as they scramble to adapt. 

In this episode of BizTalk, CGTN’s Michael Wang speaks with Anton Muscatelli, the principal of the University of Glasgow and co-chair of the International Finance Forum Academic Committee, and Wang Huiyao, founder and president of the Center for China and Globalization, to uncover the real cost of US tariffs on the global economy and America itself.