Janet Yellen urges EU to join US in curbs on cheap Chinese exports

International trade, Janet Yellen, Economics, Global economy, Energy industry, Automotive industry, Business, European Union, Ursula von der Leyen, Europe, US news, China, World news, Electric, hybrid and low-emission cars, Environment Business | The Guardian

​Comments come as Commission president hints EU could impose tariffs on Chinese electric vehiclesBusiness live – latest updatesJanet Yellen, the US treasury secretary, has urged the EU to intervene urgently to dampen the growing export levels of Chinese cut-price green technology including solar panels and wind turbines, pushing European leaders to move to a full-scale trade war.At the same time she urged German bank executives on Tuesday to step up efforts to comply with sanctions against Russia and shut down efforts to circumvent them to avoid potential penalties themselves that could see the US cut them off from dollar access. Continue reading… 

Comments come as Commission president hints EU could impose tariffs on Chinese electric vehicles

Business live – latest updates

Janet Yellen, the US treasury secretary, has urged the EU to intervene urgently to dampen the growing export levels of Chinese cut-price green technology including solar panels and wind turbines, pushing European leaders to move to a full-scale trade war.

At the same time she urged German bank executives on Tuesday to step up efforts to comply with sanctions against Russia and shut down efforts to circumvent them to avoid potential penalties themselves that could see the US cut them off from dollar access.

Continue reading… 

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