US Treasury Secretary said she also urged Israeli PM Benjamin Netanyahu in recent letter to reinstate work permits for Palestinians & reduce barriers to commerce within West Bank.
Yellen said the two nations have been collaborating across a range of economic issues, including commercial and technological collaboration and strengthening supply chains.
Most semiconductor companies said China's export control of rare earth minerals won’t impact their business. Germany's Volkswagen said it was assessing the impact.
She noted that China's growing middle class was a huge market for American goods and services and that Washington's actions against Beijing were based on national security concerns.
US officials said Yellen will push to open new lines of communication and coordination on economic matters, and stress the consequences of supplying lethal aid to Russia.
During meeting with Banga a day before former Mastercard CEO takes office at World Bank, Yellen ‘conveyed her strong desire for Treasury to continue close collaboration’ with him.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
COMMENTS