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US Treasury Secretary Janet Yellen emphasizes that combating inflation is a top priority for President Biden. Yellen criticizes China for not adhering to trade rules and warns of the possibility of broad-based retaliation. She expresses the need for targeted interventions and hopes to maintain a stable trade relationship with China while safeguarding US investments in critical industries.
The United States could see a significant response from China following any U.S. tariff actions, U.S. Treasury Secretary Janet Yellen said Monday ahead of expected new tariffs targeting certain sectors this week. https://t.co/fsIRUISNBy
‘Significant’ Chinese response to US tariffs possible: Janet Yellen https://t.co/hD4OaX3Cu0
US Tsy Sec. Yellen Declines To Reveal Details On Potential Tariffs - US Still Wants ‘Stable’ Trade Conditions With China - Hopes China Sees Any Trade Actions As ‘Targeted’
