Yellen: ‘Great Majority’ of U.S.-China Trade Is Fine, Must ‘Understand’ Their Red Lines

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Yellen: ‘Great Majority’ of U.S.-China Trade Is Fine, Must ‘Understand’ Their Red Lines
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During an interview with CNBC released on Monday, Treasury Secretary Janet Yellen stated that “the great majority of” trade between the U.S.

Yellen answered, “Look, I think trade and investment between China and the United States is valuable. Many American companies are doing excellent business in China, have been here for a long time. The same is true of Chinese companies in the United States, and this trade is beneficial and the great majority of it is uncontroversial. And I think we should not do anything to impede that trading and investment relationship.

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