Former US Federal Reserve chair Janet Yellen was appointed as Treasury Secretary by President Joe Biden. Photo: AFP
Former US Federal Reserve chair Janet Yellen was appointed as Treasury Secretary by President Joe Biden. Photo: AFP

US-China trade war: Trump’s trade tariffs to remain ‘for the moment’ but Beijing expected to adhere to commitments

  • US Treasury Secretary Janet Yellen told CNBC on Thursday that tariffs on China put in place by the Trump administration will be ‘kept in place for the moment’
  • China pledged to buy US$200 billion in additional US goods and services over two years, but Beijing fell 42 per cent short of its target for last year

Former US Federal Reserve chair Janet Yellen was appointed as Treasury Secretary by President Joe Biden. Photo: AFP
Former US Federal Reserve chair Janet Yellen was appointed as Treasury Secretary by President Joe Biden. Photo: AFP
READ FULL ARTICLE