'The United States will, in certain circumstances, need to pursue targeted actions to protect its national security,' U.S. Treasury Secretary Yellen said.
"The United States will, in certain circumstances, need to pursue targeted actions to protect its national security," U.S. Treasury Secretary Yellen said Friday."We should not allow any disagreement to lead to misunderstandings that unnecessarily worsen our bilateral economic and financial relationship," Yellen said in her prepared remarks.
U.S. Treasury Secretary Janet Yellen arrived in Beijing on July 6, 2023, for her first visit under the Biden administration.defended American actions to protect its national security in prepared remarks for a meeting with Chinese Premier Li Qiang. "The United States will, in certain circumstances, need to pursue targeted actions to protect its national security," Yellen said Friday in prepared remarks.Among several measures, the U.S. in October announcedthat restrict the ability of Chinese businesses to develop advanced semiconductors.
This week, China's Ministry of Commerce said that starting Aug. 1, businesses in China wanting to export two metals used in the manufacturing of chips would
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