Tag: Treasury Department

Chinese Exports Are Threatening Biden’s Industrial Agenda

President Biden’s trillion-dollar effort to invigorate American manufacturing and speed a transition to cleaner energy sources is colliding with a surge of cheap exports from China, threatening to wipe out the investment and jobs that are central to Mr. Biden’s economic agenda. Mr. Biden is weighing new measures to protect nascent industries like electric-vehicle production […]

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Biden to Call for Tripling Tariffs on Chinese Steel Products

President Biden on Wednesday will call on his trade representative to more than triple some tariffs on steel and aluminum products from China, as part of a series of moves meant to help cushion American manufacturers from a surge of low-cost imports. Speaking to the United Steelworkers Union in Pittsburgh, Mr. Biden will ask the […]

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U.S. and China Continue to Talk, but Economic Divide Remains Wide

When Treasury Secretary Janet L. Yellen traveled to Beijing last summer, her mission was to re-establish a dialogue between the world’s largest economies and stabilize a relationship that appeared to have reached rock bottom. The United States and China created formal economic working groups to keep the conversation going. Months later, Ms. Yellen met with […]

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Yellen to Visit China for Top-Level Economic Talks

Treasury Secretary Janet L. Yellen will make her second trip to China this week for high-level talks aimed at further stabilizing the relationship between the world’s largest economies as political rancor in the United States intensifies ahead of the presidential election. During four days of meetings in Guangzhou and Beijing, Ms. Yellen plans to meet […]

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