Current location:Stellar Signals news portal > entertainment
US Treasury Secretary Yellen visits China for high
Stellar Signals news portal2024-05-19 17:14:51【entertainment】9People 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://caymanislands.graduatethesis.org/html-56c699939.html
Very good!(27)
Related articles
- Alise Willoughby of US, Joris Daudet of France win BMX racing world titles ahead of Paris Olympics
- Sharp rise in rental fraud including faking payslips, as tenants seek to fight off competition
- 'This HAS to be the world's best business
- Inside Thailand's last untouched island: Empty beaches, authentic villages, mangrove forests
- Jetstar passenger finds genius way to book 58 flights for FREE
- Astronaut Thomas Stafford, commander of Apollo 10, dies aged 93: Air Force three
- Revealed: The best 100 cities in the world for exploring by foot, with Rome No.1, London ninth
- As the Glastonbury 2024 lineup is announced, AI reveals the ultimate headliners
- Ryan Gosling's new movie pays tribute to Chinese kung fu legends
- I'm a first
Popular articles
Recommended
The Latest
Xi Jinping arrives in Hong Kong for July 1 celebrations, makes first visit to city since 2017
HKFP Lens: Hong Kong press group announces winners of annual news photo contest
Elon Musk says AI has 'more positives than negatives' as he launches his own anti
China to cut individual housing provident fund loan rates by 0.25 percentage points
New York bill could repeal 1907 law that criminalizes adultery
Inside Lausanne
Inside the Cambodian hotel with rooms fit for top
Links
- Helping Women Improve Health
- Federation Helps Women, Children Increase Scientific Knowledge
- Strengthening Protection of Children's Rights, Interests
- Federation Publicizes Top Cases Involving Women, Children's Rights, Interests
- Organizations Strengthen Cooperation to Improve Family Mediation Services
- Strengthening Protection of Children's Rights, Interests
- Federation Helps Gansu Women Study, Use Laws
- Organs, Federations Provide Judicial Assistance to Women
- Federation Strengthens Girls' Legal Protection
- Beijing Helps Residents Resolve Family Disputes, Protect Rights