US Treasury Secretary Yellen urges US and Europe to unite against China's industrial policies threat to global economies.
US Treasury Secretary Janet Yellen urges the US and Europe to unite in addressing China's industrial policies, which pose a threat to global economies. China's excess industrial capacity, particularly in clean energy sectors like electric vehicles, batteries, and solar products, could harm businesses worldwide. Yellen calls for a strategic and united response from the US and Europe to protect their industries and ensure the viability of businesses in both regions.
May 21, 2024
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