US to keep tariffs on China in place for now, says Treasury Secretary Janet Yellen
The White House last month said it would review all national security measures put in place by former President Donald Trump, including an interim trade deal with Beijing
Reuters | February 19, 2021 | Updated 08:53 IST
US Treasury Secretary Janet Yellen
The United States will keep tariffs imposed on Chinese goods by the former Trump administration in place for now, but will evaluate how to proceed after a thorough review, Treasury Secretary Janet Yellen told CNBC on Thursday. For the moment, we have kept the tariffs in place that were put in by the Trump administration . and we ll evaluate going forward what we think is appropriate, Yellen told the cable news network, adding that Washington expected Beijing to adhere to its commitments on trade.
WASHINGTON, Jan 27 In selecting Janet Yellen to be the first woman to lead the US Treasury Department, President Joe Biden chose a progressive economist focused on unemployment who supports fiscal stimulus and tackling climate change. After the Senate on Monday voted overwhelmingly to confirm.
Xinhua | Updated: 2021-01-27 09:40 Share CLOSE US Vice President Kamala Harris reacts after swearing in Janet Yellen as the US Treasury Secretary, standing next to her husband George Akerlof and her son Robert Akerlof, at the White House in Washington, US Jan 26, 2021. [Photo/Agencies]
WASHINGTON - Janet Yellen was sworn in Tuesday as the 78th Secretary of the US Treasury Department, becoming the first woman to hold the position.
Yellen was sworn in by US Vice President Kamala Harris outside the White House earlier in the day after the Senate confirmed her nomination by a vote of 84-15 on Monday.
Yellen makes history again, sworn in as first female US Treasury secretary
US Secretary of the Treasury Janet Yellen holds up her hand as her husband George Akerlof looks on during a ceremonial swearing-in
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. Updated: 26 Jan 2021, 11:44 PM IST AFP
The 74-year-old has made history before when she became the first female head of the Federal Reserve
Her new role puts her at the center of the ongoing storm battering the US economy
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In selecting Janet Yellen to be the first woman to lead the US Treasury Department, President Joe Biden chose a progressive economist focused on unemployment who supports fiscal stimulus and tackling climate change.
Earlier in the month, Janet Yellen, the Joe Biden nominee for Treasury Secretary, was unanimously approved by the US Senate Finance Committee to run the Treasury.