One Year of Trump's Trade War and Uncertainty Persists

A year after U.S. President Trump launched sweeping global tariffs, trade tensions remain elevated and economic uncertainty has yet to ease. CGTN's Elaine Reyes spoke with Kyle Peacock, Principal at Peacock Tariff Consulting, about the full scope of the impact on the U.S. economy and beyond. #bizshow #tariffturmoil #tradewar #Trumptariffs #globaleconomy #globaltrade 00:00 Did Trump’s trade war change global trade? 00:23 How much has U.S.-China trade dropped? 00:59 Tariffs vs supply chains: what matters more? 02:15 Why global trade routes are shifting fast 03:07 Supreme Court ruling: who gets tariff refunds? 04:28 Who keeps the money — businesses or consumers? Watch CGTN LIVE on your computer, tablet or mobile https://cgtnamerica.vhx.tv/videos/hd-live-broadcasts Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @cgtnamerica.tiktok This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.