Yellen says Chinese response possible on expected US tariff action

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Janet Yellen News

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WASHINGTON: The United States could see a significant response from China following any US tariff actions, US Treasury Secretary Janet Yellen said on Monday (May 13) ahead of expected new tariffs targeting certain sectors this week.

US Treasury Secretary Janet Yellen attends an interview with Reuters Editor in Chief Alessandra Galloni in Washington, on Apr 25, 2024. WASHINGTON: The United States could see a significant response from China following any US tariff actions, US Treasury Secretary Janet Yellen said on Monday ahead of expected new tariffs targeting certain sectors this week.

Yellen's comments, given ahead of an event on broadband, come as US President Joe Biden is expected to announce new tariffs on Tuesday that will include a large hike on levies for electric vehicles.

 

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