Treasury Secretary Yellen Calls for Stronger Global Cooperation on Trade Policies

Tuesday, 21 May 2024, 09:09
In a bold move, Treasury Secretary Janet Yellen urges European countries to collaborate with the United States in addressing the issue of Chinese exports. Yellen dismisses claims of protectionism by the US and emphasizes the importance of unified action against unfair trade practices. The call for cooperation between US and Europe highlights the need for a united front in dealing with trade challenges, while also seeking to deter problematic export practices from China that could impact global economies.
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Treasury Secretary Yellen Calls for Stronger Global Cooperation on Trade Policies

Yellen Urges Europe to Join US in Crackdown on Chinese Exports

Treasury Secretary Janet Yellen has called on European nations to align with the United States to address concerns regarding Chinese exports. Yellen has emphasized the need for a unified approach to combatting unfair trade practices and avoiding protectionism.

Key Points:

  • Global Cooperation: Yellen's push for Europe to join the US reflects a desire for enhanced international collaboration on trade policies.
  • Avoiding Protectionism: Yellen rejects claims of protectionist actions by the US and stresses the importance of fair trade practices.
  • Common Goal: The joint efforts aim to curb problematic export strategies from China that could impact the global economy.
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