Viral Chinese manufacturers' TikTok videos are 'meant to be a joke': CEO

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Hao Hong of Huafu Securities says Trump's tariffs on China will negatively impact the U.S., citing rising inflation expectations and bond yields. He adds that the viral videos of Chinese manufacturers claiming to make luxury goods are meant as a joke.

Hao Hong of Huafu Securities says Trump's tariffs on China will negatively impact the U.S., citing rising inflation expectations and bond yields.

He adds that the viral videos of Chinese manufacturers claiming to make luxury goods are meant as a joke..