US Treasury Secretary Yellen's Stance on Potential US Retaliation Regarding China's Economic Practices

Wednesday, 27 March 2024, 20:24

US Treasury Secretary Yellen states that discussions on potential US retaliation over Chinese excess capacity and subsidies are premature. She aims for 'constructive' talks with Chinese officials amidst challenges posed by the disparity in Chinese output and domestic demand.
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US Treasury Secretary Yellen's Stance on Potential US Retaliation Regarding China's Economic Practices

US Treasury Secretary Yellen:

Says not ready to discuss potential US retaliation over Chinese excess capacity and subsidies.

Wants to have 'constructive' talks with Chinese officials.

This is going to be an issue for sure as Chinese output continues to recover but domestic demand in the country languishes.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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