US Treasury Janet Yellen attended the G20 Summit in Rome with US President Joe Biden. Photo: EPA-EFE
US Treasury Janet Yellen attended the G20 Summit in Rome with US President Joe Biden. Photo: EPA-EFE

US-China relations: ‘reciprocal’ lowering of trade tariffs could ease inflation, Janet Yellen says

  • US Treasury Secretary Janet Yellen said Washington expects China to meet its commitments under the phase-one trade deal
  • US officials have resumed an exclusion process that could lead to some tariffs being removed, but have not looked at broader rollbacks thus far

US Treasury Janet Yellen attended the G20 Summit in Rome with US President Joe Biden. Photo: EPA-EFE
US Treasury Janet Yellen attended the G20 Summit in Rome with US President Joe Biden. Photo: EPA-EFE
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