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2024-04-25 17:07:51

US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy Goods on Nostr: US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy ...

US Treasury Secretary Yellen Urges Slowing China's Overproduction of Clean Energy Goods
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#96a123da ver:1.47

US Treasury Secretary Janet Yellen warns of China's overproduction of clean energy goods, urging a slowdown to protect industries worldwide. Yellen's policy sparks controversy, with critics arguing against blocking affordable and clean technology. The US plans to raise concerns at IMF and World Bank meetings, exploring tariffs on Chinese electric vehicles. Yellen emphasizes the need to mitigate risks and unfairness caused by Chinese support, while promoting dialogue on climate change. The Biden administration considers all options to respond to China's excess capacity, aiming to protect US jobs and promote domestic clean energy production. #China #CleanEnergy #TradeWar #GlobalEconomy...

#newstr #UschinaTrade #IndustrialOvercapacity #ElectricVehicles #CleanEnergy #Tariffs

https://here.news/story/96a123da?ver=1.47
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