China

China trade deal didn’t address ‘fundamental problems’, US Treasury Secretary Janet Yellen says




US Treasury Secretary Janet Yellen expressed doubts about last year’s trade deal with China, the first clear statement from the Biden administration detailing its thinking about the future of the agreement between the world’s two largest economies.“My own personal view is that tariffs were not put in place on China in a way that was very thoughtful,” she told The New York Times in an interview as she returned to the United States last week.“Tariffs are taxes on consumers. In some cases it seems…



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