U.S. Treasury Secretary Janet Yellen will talk about U.S.-China economic relations in a speech at Johns Hopkins University’s School of Advanced International Studies.
Yellen will also “detail the Administration’s principal objectives in our economic relationship with China. First, securing our national security interests and protecting human rights, including taking targeted actions to advance our vital interests where needed. Second, seeking healthy, and mutually beneficial, economic competition with a level playing field for American workers and businesses, including by working with our allies to press China on its unfair economic practices.
Despite the current strains between the two sides, China remains an important U.S. trading partner and investment destination. Apple supply chains run deep into the country, and a wide swath of U.S. companies including Starbucks, Tesla and Ford remain active there. Ford just this week said it plans to import the next-generation Lincoln Nautilus from China to the U.S., according to reports. The vehicle is currently made for the U.S. at a Canadian plant, CNBC said.
Yellen in January met with then Chinese Vice Premier Liu He in Switzerland to discuss economics, trade and technological policy, Xinhua News Agency reported.
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