Yellen says Biden's China tariffs are strategic, Trump's would raise costs

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Tariffs,Janet Yellen

ATLANTA: US Treasury Secretary Janet Yellen on Thursday (Jun 20) defended President Joe Biden's increased tariffs on certain Chinese goods as highly strategic but said Republican presidential can

Top officials including Treasury Secretary Janet Yellen laid out the government's first broad guidelines for "high-integrity" carbon markets, aimed at dispelling distrust in a system panned by critics as greenwashing as highly strategic but said Republican presidential candidate Donald Trump's tariff proposals would be much broader and raise costs for consumers., solar energy products and semiconductors from excess Chinese capacity created by Beijing's over-investment.

"Given that China has not done anything, really, to address those concerns, we thought it was inappropriate to remove those tariffs," Yellen said.

Tariffs Janet Yellen

 

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