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Janet Yellen

‘Significant’ Chinese response to US tariffs possible: Janet Yellen

by Walter Watson
‘Significant’ Chinese response to US tariffs possible: Janet Yellen

Beijing could possibly issue a “significant” response to US tariffs on Chinese goods, Treasury Secretary Janet Yellen said on Monday when asked about the prospect of fresh levies. The United …

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No imminent US sanctions on Chinese banks for their trade with Russia: Janet Yellen

by Walter Watson
No imminent US sanctions on Chinese banks for their trade with Russia: Janet Yellen

“We’ve had intensive discussions with the Chinese about this. I think they understand our position, and it is a tool that’s available,” she said. In December, US President Joe Biden …

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China unloads more US Treasury bills as odds of Fed rate cuts grow slim

by Walter Watson
China unloads more US Treasury bills as odds of Fed rate cuts grow slim

Worries over security and a further delay to expected interest rate cuts by the Federal Reserve have depleted Beijing’s appetite for US Treasury bills, and its position as the second-largest …

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China-Middle East commercial ties enjoying a ‘renaissance’ as politics, trade spats strengthen shift from West, consultancy says

by Anas Siddiqui
China-Middle East commercial ties enjoying a ‘renaissance’ as politics, trade spats strengthen shift from West, consultancy says

Commercial ties between China and the Middle East are enjoying a revival as geopolitics, energy transition and supply-chain upheavals create new opportunities for major exporters like car makers and battery …

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US, UK announce new sanctions on Iran after missile and drone strike on Israel

by Ron Morgan
US, UK announce new sanctions on Iran after missile and drone strike on Israel

The United States and the United Kingdom announced widespread sanctions against Iran’s military drone programme on Thursday in response to its weekend attack against Israel. Washington is targeting “16 individuals …

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U.S. unveils sanctions on Iran’s drone program following Israel attack

by Vera Ward
U.S. unveils sanctions on Iran’s drone program following Israel attack

Unidentified men are carrying a model of Iran’s first-ever hypersonic missile, Fattah, past a mosque during a gathering to celebrate the IRGC UAV and missile attack against Israel, in Tehran, …

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Biden wants to triple China tariffs on steel, aluminum imports

by Vera Ward
Biden wants to triple China tariffs on steel, aluminum imports

President Joe Biden and his Chinese counterpart Xi Jinping are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco in November. Saul Loeb | …

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Canton Fair: China’s new energy exporters abuzz as orders swell, threat of trade curbs looms

by Walter Watson
Canton Fair: China’s new energy exporters abuzz as orders swell, threat of trade curbs looms

Chinese exporters are maintaining a sunny outlook for the year, paying no heed to the storm clouds forming over the domestic new energy industry after allegations of overcapacity by the …

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Treasury Department to impose sanctions on Iran after Israel attack

by Vera Ward
Treasury Department to impose sanctions on Iran after Israel attack

US Treasury Secretary Janet Yellen attends a press conference at US Ambassador’s residence in Beijing on April 8, 2024.  Pedro Pardo | AFP | Getty Images Treasury Secretary Janet Yellen …

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Yellen to meet US allies during IMF, World Bank meetings, press China on growth

by Walter Watson
Yellen to meet US allies during IMF, World Bank meetings, press China on growth

US Treasury Secretary Janet Yellen will meet finance ministers from US allies this week to discuss a number of issues, including shoring up supply chains, strengthening financial system stability and …

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