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2024-06-13 18:16:47

ABC News on Nostr: Yellen says China's trade policies could 'interfere significantly' with US bilateral ...

Yellen says China's trade policies could 'interfere significantly' with US bilateral relationship
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Treasury Secretary Janet Yellen warns that China's trade policies, including overconcentrated supply chains and government subsidies, pose a threat to U.S. jobs and recent investments in the green energy sector. Yellen emphasizes the need for a level playing field and rejects the idea of 'decoupling' from China. The U.S. has recently imposed tariffs on Chinese products, and the European Union is also considering higher tariffs on Chinese goods. Yellen's speech comes as former President Donald Trump presents his case for returning to the Oval Office and both Biden and Trump have pledged to be tough on China.

#JanetYellen #China #TradePolicies #UsJobs #GreenEnergySector #Tariffs #GovernmentSubsidies #LevelPlayingField #Decoupling #DonaldTrump #JoeBiden

https://abcnews.go.com/Business/wireStory/yellen-chinas-trade-policies-interfere-significantly-us-bilateral-111099275
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