U.S. looks to team up with Europe to counter Chinese exports
The Biden administration argues China subsidizes its products so aggressively and produces them at such scale it undermines other countries’ economic output, which should be a global concern. Last week, Treasury Secretary Janet Yellen asked her European counterparts for help. Mark Wu, professor of law at Harvard University, joins CBS News to discuss whether a multi-national approach could produce real results.
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U.S. looks to team up with Europe to counter Chinese exports