New US tariffs are sparking economic uncertainty, burdening consumers, and forcing over 30 million small American businesses to scramble for solutions. In a dynamic discussion on BizTalk, CGTN’s Michael Wang joins forces with top experts to decode the real cost of these trade measures.
Anton Muscatelli, 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, break down how these tariffs contribute to rising inflation and ripple through global supply chains. Their conversation combines data-driven insights with real-world stories, highlighting how the impact reaches far beyond the borders of America.
The discussion points to a rising tide of inflation as everyday prices climb, leaving consumers feeling the pinch while small businesses face tighter margins and critical shifts in market dynamics. As entrepreneurial spirit pushes many to innovate in the face of uncertainty, the debate over who really bears the cost of tariffs intensifies.
This episode offers a fresh perspective for young global citizens, business enthusiasts, thought leaders, and digital nomads. It underlines just how interconnected today’s world has become, where local policies spark global conversations and every economic ripple has the power to shape tomorrow’s markets.
Reference(s):
cgtn.com
