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Jellen: White House does not consider abolishing tariffs on imported timber

US Treasury Secretary Janet Glenn said yesterday that President Joe Biden is not expected to withdraw tariffs on Canadian timber as part of a possible White House move to fight inflation to fight inflation. "As far as...

Yellen: US in talks with its allies over a ceiling on Russian oil prices

LAST UPDATE: 21.17 The United States is in talks with Canada and other allies to further reduce Moscow's energy revenues without affecting lower-income countries, US Treasury Secretary Janet Yellen said Monday. "We are talking about a price cap...

US DEPARTMENT: Certain tariffs in China serve no ‘strategic purpose’

US Treasury Secretary Janet Glenn said today that some tariffs in China inherited from the administration of former President Donald Trump serve "no strategic purpose" and added that President Joe Biden was considering them as a...

Jellen: Tariff cuts are not a ‘panacea’ for inflation

The United States may cut some tariffs on imports from China, but that does not constitute a "cure" for falling inflation, Finance Minister Janet Yellen said today. In particular, according to Reuters, speaking in the House of...

US: ‘Inflation levels unacceptable’ in economy, says Janet Glenn

The United States is facing "unacceptable levels of inflation," Treasury Secretary Janet Yellen told senators on Tuesday, adding that inflation was likely to remain high and she hoped price hikes would soon subside. At a hearing before...

US: Glenn denies pushing for smaller Biden relief plan in early 2021

Janet Glenn denied that she was in favor of a smaller US bailout plan out of the $ 1.9 trillion package proposed by the Biden administration and passed by Congress in early 2021, after an earlier...