Some tariffs on China are harming families and businesses, Janet Yellen says

  • 📰 cnni
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

US Treasury Secretary Janet Yellen criticized the Trump administration's tariffs on China and voiced support for lifting some of the levies, in part to ease very high inflation pressuring the US economy.

US Treasury Secretary Janet Yellen on Wednesday criticized the Trump administration's tariffs on China and voiced support for lifting some of the levies, in part to ease very high inflation pressuring the US economy.

"Some of the tariffs that were imposed by President Trump in retaliation for China's unfair trade practices, some of them, to me, seem as though they imposed more harm on consumers and businesses," Yellen said during a press conference in Germany ahead of a G7 summit with finance ministers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Biden admin should drop Trump's Chinese tariffs now. They were inflationary for Americans. Also, the more we can trade with China the less they rely on Russia. Removing the China tariffs is a win, win. Point out a foolish, Trump error AND lower prices in one go.

She should also look at sanctions on Russia, they damage American people far more than the Chinese ones. All this War rubbish by Biden must stop.. It's sending America broke. Americans don't have to join the suicide by EU.

Getting soft 😂😂😂😂😂😂😂😂🤟✌️

BlameTrump GOPGreed

So you're begging China now? I thot y'all were 'adversaries'.

Someone please tell Yellen that when China's middle class is larger than ours so will the tax revenues that will be used ti fund a much bigger military. What the heck, Republicans actually admire the law and order in China. Interesting how we're losing law and order here.

russia has occupied a part of Ukraine! It means russian aggressors are closer to Europe borders now. European governments are too slow in giving heavy weapons to Ukraine️ 😭🇺🇦 Only people of Europe can help us to win! Push on your governments harder!

Why it's wrong to stand up to your self and not allow to be taken advantage, they need ro work for US not for Chinese I can bet you they own companies in China that were on tariffs, worries about gas and milk price

The American people and consumers have shouldered 85% of the import tariffs. It is a punishment to US companies and consumers. It is high time to remove the import tariffs amid the runaway inflation in 40 years.

BBhuttoZardari is responsible of a murder of this man, because he asked him about the corruption his party is doing in Sindh, Pakistan.

The chinese making mockery of y'all right now😂😂

Wrong.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US Treasury Sec. Yellen: US policy, risk aversion are factors favoring dollar strengthWhen asked about the dollar strength, US Treasury Secretary Janet Yellen said that they were committed to market-determined exchange rates, as reporte
Source: FXStreetNews - 🏆 14. / 72 Read more »

Janet Yellen: US recession not expected but Europe is 'vulnerable'Economic headwinds as a result of the Ukrainian conflict could result in a recession in Europe, warns the US treasury secretary Janet Yellen
Source: trtworld - 🏆 101. / 63 Read more »

Yellen Says Ukraine Conflict Shows Why West Should End Reliance on China and RussiaTreasury Secretary Janet Yellen said the U.S. and Europe should seek to end their reliance on China and Russia for commodities, calling more broadly for Western countries and their allies to shift trading relations away from potential global rivals Хе-хе. Европа - подходящая колониальная территория для американской империи Лжи. janet yellen is correct. Gee, if only the United States had a President that preached this until he was blue in the face.
Source: WSJ - 🏆 98. / 63 Read more »

Bitcoin, Ether Hover Above Support Amid China Optimism, U.S. Futures BumpFollowing a brutal string of declines, bitcoin is hanging just above $30K, and ether just above $2K alongside modest bounces for stocks across the globe. grittygatorr reports OoooWeee! here we go again Incredible news, now if BTC could just goto $100 then I can finally afford it. 我希望你能多多支持LUNA让他重新崛起
Source: CoinDesk - 🏆 291. / 63 Read more »

US sues casino mogul Steve Wynn over relationship with ChinaWASHINGTON (AP) — The Justice Department sued longtime Las Vegas casino mogul Steve Wynn on Tuesday to compel him to register as a foreign agent because of lobbying work it says he performed at the behest of the Chinese government during the Trump administration. Good. Then fine the 💩 out of him. Money is the only thing that gets the attention of these assholes. Hit ‘em in the wallet where it’ll hurt. A billion or so will do! Reminds me of Sheldon Adelson and the Bush admin. Cool he can head over to Shanghai anytime 👋🏻
Source: AP - 🏆 728. / 51 Read more »

US Sues Casino Mogul Steve Wynn Over Relationship With ChinaThe complaint says Steve Wynn was motivated to protect his business interests in China.
Source: nbcsandiego - 🏆 524. / 51 Read more »