Biden’s China tariff threats are more bark than bite, economists say

Biden’s China tariff threats are more bark than bite, economists say

U.S. President Joe Biden attends a bilateral meeting with Chinese President Xi Jinping at the Filoli Estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Woodside, California, United States, November 15, 2023. REUTERS/Kevin Lamarque Kevin Lamarque | Reuters The Biden administration this week sent several signals of a toughened U.S. economic strategy…

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Biden and Xi Jinping hold phone call ahead of Yellen’s trip to China

Biden and Xi Jinping hold phone call ahead of Yellen’s trip to China

President Joe Biden spent nearly two hours on the phone with Chinese President Xi Jinping on Tuesday. The White House described this conversation as an opportunity for the two leaders to “check in” and responsibly manage the strained US-China relationship. “Intense competition requires intense diplomacy to manage tensions, address miscalculations and prevent inadvertent conflicts,” a…

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Janet Yellen says Biden spurred electric vehicle investment boom

Janet Yellen says Biden spurred electric vehicle investment boom

U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on the “Annual Report of the Financial Stability Oversight Council” on Capitol Hill in Washington, DC, on February 6, 2024. Amanda Andrade Rhoades | Reuters Treasury Secretary Janet Yellen on Wednesday praised President Joe Biden’s investment in electric vehicles for accelerating the…

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