Free trade or flooding the market? US warns China against surplus exports.
by Ann Scott Tyson
Apr 08, 2024
3 minutes
U.S. Treasury Secretary Janet Yellen warned on Monday that the Biden administration “will not accept” a flood of “artificially cheap” Chinese products to the United States.
Over four days of talks with China’s economic leadership, Dr. Yellen lobbied forcefully against China’s surging exports of surplus from key, long-subsidized industries such as solar power and electric vehicles – exports that put American jobs and companies at risk. She stressed that U.S. concerns were shared by advanced and emerging economies around the world.
“China is now simply too large
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