BEIJING (Reuters) – Popular short video platform Douyin, TikTok’s sister app in China, launched on Wednesday a program to help Chinese exporters sell their goods domestically, amid an escalating U.S.-China trade war.
Douyin is the latest Chinese company to announce measures to help the country’s exporters, which have been frozen out of the U.S. market as a result of high tariffs imposed by the Trump administration on all Chinese imported goods.
(Reporting by Beijing Newsroom)
Comments