This week on the Caixin-Sinica Business Brief: The USTR is still wavering on easing tariffs as Katherine Tai sees tariffs as "leverage" against China; Xi Jinping calls economic sanctions a "double-edged sword" in his opening speech at the BRICS Summit; TikTok's Chinese sister company Douyin wins rights for digital broadcast of the World Cup; and EV maker NIO responds after two people are killed when one of its pilot cars crashes through a wall at a parking garage and plummets three stories. In addition, Nandini Venkata, Caixin Global's podcast producer, joins Kaiser to discuss the scandal in Henan over abuse of the COVID health code app. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.