US Treasury Secretary emphasizes curbs are 'highly targeted' during China visit

10 July 2023
US Treasury Secretary emphasizes curbs are 'highly targeted' during China visit

US Treasury Secretary Janet Yellen says that during meetings with Chinese officials, she emphasized that Washington's trade curbs would be "highly targeted and clearly directed" at a few sectors where there are national security concerns. She also said that she wanted to 'allay their fears' that the US would do something that would have broad-based impacts on the Chinese economy.