Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically declared on Sunday that bolstering Ukraine represents “the single best thing we can do for the global economy.” Furthermore, Yellen expressed caution regarding the premature removal of trade constraints against China, a remnant of the Trump era. The Treasury secretary flagged the Asian superpower for potential “unfair trade practices,” illustrating her firm stance on international economic fairness.
Yellen: Ukraine Aid Essential for Global Economy
On July 16, U.S. Treasury secretary Janet Yellen held a press conference in Gandhinagar ahead of the G20 summit and she discussed the global economy. Yellen noted to the pre-credentialed press that she would “push back” against the people saying that developing nations could use more help than Ukraine. “Ending this war is first and foremost a moral imperative,” Yellen explained to reporters in Gandhinagar. The Treasury secretary added:
But it’s also the
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