Current location:Culture Circle news portal > business
US Treasury Secretary Yellen visits China for high
Culture Circle news portal2024-05-21 19:41:38【business】6People have gathered around
IntroductionU.S. Treasury Secretary Janet Yellen said Wednesday she would not rule out taking additional steps t
U.S. Treasury Secretary Janet Yellen said Wednesday she would not rule out taking additional steps to protect U.S. clean energy industries from Chinese competition, as she traveled to China for nearly a week of high-level talks aimed at further stabilizing financial and economic ties between the world’s two largest economies.
During a refueling stop in Alaska, Yellen told reporters the Biden administration wants to support the growth of the U.S. solar panel, electric vehicle and battery industries.
"We're providing tax subsidies to some of these sectors, and I wouldn't want to rule out other possible ways in which we would protect them," Yellen said, when asked whether she would raise the prospect of new trade barriers with her Chinese counterparts.
She did not specify whether new U.S. steps could include tariffs.
Yellen said ahead of her trip that China’s subsidizing clean energy and industrial overcapacity “hurts American firms and workers, as well as firms and workers around the world.”
The trip is Yellen’s second to China and comes after U.S. President Joe Biden and Chinese leader Xi Jinping spoke this week in a phone call for the first time since meeting in November. It also comes as scrutiny of Beijing intensifies ahead of the U.S. presidential elections and Washington tightens curbs on the sale of high-tech goods to China.
Following the 105-minute phone call, Xi warned Biden that the U.S. was "creating risks" by suppressing China’s trade and technology development, according to state-run Xinhua news agency.
SEE ALSO:Biden tells China's Xi to stay out of US elections
Address of this article:http://palau.campingcolorado.net/html-78e899915.html
Very good!(35)
Related articles
- Sweden beats France, Britain relegated after losing to Norway at hockey worlds
- Chinese culture experience week held in Brazil
- PLA Eastern Theater Command launches unprecedented live
- Xi, Cambodian King Exchange Congratulations on 65th Anniversary of Diplomatic Ties
- The fightback begins: Boss of London's Queen Mary University tells pro
- Xi Stresses Establishing New Systems for Higher
- NE China's Jilin seeks new growth drivers for rural development with ice
- China urges U.S., Japan to stop forming anti
- NBA playoffs: Edwards leads Wolves to 98
- Xi Inspects SW China's Sichuan
Popular articles
Recommended
Shohei Ohtani's first walk
NE China's Jilin seeks new growth drivers for rural development with ice
Games Wide Open unveiled as Paris 2024 official slogan
China takes countermeasures against two U.S. defense companies
'The Apprentice,' about a young Donald Trump, premieres in Cannes
Small clique politics draws firm opposition
Scenery of Tuiwa Village by Puma Yumco Lake in Tibet
Emerging young talents carry forward traditional Chinese culture
Links
- DJ Stewart hits a 3
- MILF Manor 2 contestants nearly QUIT over fears the controversial show would ruin their reputation
- JJ Bleday connects twice for first career multi
- California reservoir is filled to capacity for first time since 1998 after drought
- Egyptian, Chinese students mark UN Chinese Language Day in Cairo
- Walnuts sold in natural food stores tied to E. coli outbreak
- Powell likely to signal that lower inflation is needed before Fed would cut rates
- Beijing eases restrictions on home
- Greece boosts special firefighting units to cope with its growing heat risk
- The Wanted stars Max George and Siva Kaneswaran are reuniting for a new tour of India