US Secretary of Treasury Janet Yellen speaks during a press conference before the G7 Finance Ministers and Central Bank Governors Meetings in Koenigswinter near Bonn, Germany on Wednesday. Photo: EPA-EFE
US Secretary of Treasury Janet Yellen speaks during a press conference before the G7 Finance Ministers and Central Bank Governors Meetings in Koenigswinter near Bonn, Germany on Wednesday. Photo: EPA-EFE

Janet Yellen confirms she is pressing Joe Biden administration for some China tariff cuts

  • The US Treasury Secretary is said to be at odds with trade chief Katherine Tai on whether to eliminate some of the Trump-era measures to combat inflation
  • Yellen argues that some of the duties on Chinese imports ‘aren’t very strategic’ but are hurting US businesses and consumers