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
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

Topic |   US-China trade war
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
Former US Federal Reserve chair Janet Yellen was appointed as Treasury Secretary by President Joe Biden. Photo: AFP
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