"Yellen Warns of Unprecedented Response to China's Overcapacity Threat"
TL;DR Summary
Treasury Secretary Janet Yellen stated that the US is open to considering all options, including additional tariffs, in response to China's overcapacity in manufacturing, which has led to an influx of cheap goods into the US market. Yellen emphasized that this issue is a concern for multiple countries, including Europe, Japan, India, Mexico, and Brazil.
- Yellen Says Nothing Off Table in Response to China Overcapacity Bloomberg
- Election 2024: The United States Is Facing a Second China Shock Council on Foreign Relations
- 'Existential threat': What’s behind the latest US-China trade fight? The Times of India
- Yellen Carried The EV Tariff Threat To Beijing Forbes
- China Shock 2.0 Will Be Different - WSJ The Wall Street Journal
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