US Treasury Secretary Yellen spoke On Thursday. In her remarks were comments on inflation and China.
Yellen firmly stepping into election territory here:
- Biden understands struggles of American households with higher costs for housing, basic necessities
- Biden wants to cut taxes for hardworking families through expansion of child tax credit
- Biden has made affordability a top priority
And, on China:
- Believes new tariffs on Chinese goods are highly strategic
- It was inappropriate to remove US tariffs on China since they have not addressed US concerns
China will remain a whipping boy right through until the election. On both sides:
