The 5th China International Consumer Products Expo became a stage for heated trade discussions this week as LPG China CEO Kenny Liu threw shade at 145% import tariffs, calling the levies "totally unacceptable."
In a chat with CGTN, Liu, whose company leads the global health and beauty tech scene, warned that such taxes stifle innovation and limit consumer choices. "Markets need to open up," he stressed, arguing that fair competition drives progress – a message resonating with Gen-Z’s love for accessibility and options.
The expo, a hotspot for cross-border collabs, spotlighted growing tensions between US suppliers and trade barriers. While Liu didn’t name specific countries, his words echo wider industry frustrations. Psst… think of it like a VIP ticket surcharge killing the concert vibe.
As young professionals and entrepreneurs scan the global economy, this tariff clash could shape everything from skincare gadgets to wellness trends. Will policymakers hit mute on the protectionism playlist? Stay tuned.
Reference(s):
cgtn.com