U.S. Treasury Secretary Janet Yellen stated that she would not rule out any measures, including potential tariffs, on China's green energy exports. Yellen emphasized the need to work with China to find a solution and ensure that American firms and workers have opportunities in these industries.
U.S. Treasury Secretary Janet Yellen on Monday said she would not rule out any measures, including potential tariffs, on China 's green energy exports .
"I'm not thinking so much of export restrictions, as some shifts in their macroeconomic policy, and a reduction in the amount of, particularly local government subsidies, to firms," Yellen said.Sign up for NBC Philadelphia newsletters. Yellen is currently in Beijing and is due to leave China on Tuesday. She arrived in Guangzhou on Thursday last week to connect with Chinese officials as fractious economic relations between the two countries continue.
U.S. Treasury Secretary Janet Yellen Tariffs China Green Energy Exports Industry Incentives Macroeconomic Policy Local Government Subsidies American Firms Workers Future Industries
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