Business

Yellen won’t rule out imposing tariffs on Chinese green exports

  • On China’s green exports, he does not rule out customs duties
  • Think not so much about export restrictions for China as about changes in their macroeconomic environment.
  • Paying more attention to the resilience of our supply chain
  • China is allowed to sell electric vehicles in the United States, with no rules prohibiting it, in an effort to foster a domestic industry.
  • Electric vehicles are an important industry for us, we are trying to foster a national industry
  • China has the right to have relations with Russia, what we have made clear is that it is unacceptable to support Russia militarily.
  • The United States is reportedly considering sanctions against institutions, including financial institutions that provided aid to the Russian military

Here are some additional comments we received from Yellen earlier in the session.

This article was written by Arno V Venter on www.forexlive.com.

cnbctv18-forexlive

Back to top button