Yellen Sees ‘More Work to Do’ as China Talks End With No Breakthrough


Yellen Says More Work Needed After U.S.-China Talks Yield No Breakthrough Four days of high-level economic talks between the US and China ended without major progress, as the two countries agreed to continue discussions on trade, investment, and national security. Despite calls for greater cooperation, the political reality of the US election year and tensions over China's green energy exports present challenges. Treasury Secretary Yellen emphasized the need for further dialogue, as both sides face sensitive issues, including concerns over Chinese exports impacting US industries. The prospect of additional American tariffs looms, while China seeks a rollback of existing tariffs. National security measures and the potential decoupling of the two economies also featured prominently in the discussions. Despite the difficulties, Yellen emphasized the importance of maintaining trade and investment ties between the US and China.



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