The new one US Secretary of the Treasury and former Fed Chair, Janet Yellen, has declared this Thursday that will work with President Joe Biden to fight against currency manipulation.
Featured statements:
“We will not alter the tariffs on China until allies are consulted“.
“You need a ‘new focus’ for significant pressure on China. “
“The United States will embrace China’s illegal and abusive practices.”
“We will use a full range of tools to counter China’s practices, and we will thoroughly review debt management practices to analyze the weighted average maturity of the debt. “
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