Category: Trade Restrictions

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Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit

July 17, 2023

Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically declared on Sunday that bolstering Ukraine represents “the single best thing we can do for the global economy.” Furthermore, Yellen expressed caution regarding the premature removal of trade constraints against China, a remnant of the Trump era. The Treasury secretary flagged the Asian superpower for…
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257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion

October 27, 2022

According to 257 economists polled by Reuters, the global economy is approaching a recession, but 70% of the survey’s participants believe the chances of a sharp rise in unemployment levels will be low. The poll follows the Biden administration and the U.S. Commerce Department issuing a package of trade restrictions against China’s relationship with the…
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