US and Europe Seek to Collaborate Against China's Excess Industrial Capacity
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#dda14a4e ver:0.71

US Treasury Secretary Janet Yellen urges collaboration between the US and Europe to counter China's excess industrial capacity and protect the global economy. Yellen warns that China's overproduction of green energy technology threatens domestic manufacturing efforts. The US seeks to form a united front with Europe to prevent Chinese dominance in Western markets. President Biden has already increased tariffs on some Chinese imports and maintained levies on over $300 billion worth of Chinese goods. #China #US #Europe #industrialcapacity #globaltrade...

#newstr #UschinaTrade #China'sIndustrialStrategy #GlobalEconomy #Tariffs #GreenEnergyTechnology #Manufacturing #ElectricVehicles #Batteries #SolarPanels #UseuropeCollaboration 

 https://here.news/story/dda14a4e?ver=0.71