Some tariffs on China are harming families and companies, Janet Yellen says


Source: usanewslab.com usanewslab.com

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CNN — US Treasury Secretary Janet Yellen on Wednesday criticized the Trump administration’s tariffs on China and voiced assist for lifting among the levies, partly to ease very excessive inflation pressuring the US financial system. “Some of the tariffs that were imposed by President Trump in retaliation for China’s unfair trade practices, some of them, to me, seem as though they imposed more harm on consumers and businesses,” Yellen stated throughout a press convention in Germany forward of a G7 summit with finance ministers. Yellen added that some Trump-era tariffs “aren’t very strategic in the sense of addressing real issues...