US Treasury Secretary Yellen Visits China | Subscribe to Firstpost

US Treasury Secretary Janet Yellen attended a roundtable with business leaders in Guangzhou, China, on April 5. During the event, Yellen said that China is producing too much of everything, especially clean energy goods, and the world can't absorb it. Yellen's visit to China comes a day after Joe Biden and Xi Jinping spoke on a call. Yellen's visit includes meetings with Chinese officials to discuss different issues and explore potential measures, including Chinese overproduction and possibly tariffs and other trade barriers on Chinese EVs, batteries, and other goods. However, earlier, she declined to say whether she would raise the threat of new tariffs in her meetings with Chinese Vice Premier He Lifeng and Guangdong Province Governor Wang Weizhong.

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United States | Janet Yellen | China | Guangzhou | Joe Biden | Xi Jinping | Trade Barriers | Firstpost | World News | Latest News | Global News | International News | Trending News

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