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Biden Team Hints at Keeping Trump’s Tough Line Toward China

  • Will use ‘full array of tools’ to combat actions, Yellen says
  • Relationship between two biggest economies to remain fraught
Bloomberg business news
Yellen: U.S. Needs to Take On China's 'Abusive' Practices
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President-elect Joe Biden’s cabinet picks signaled Tuesday that the new administration would continue some of Donald Trump’s hard-line economic policies toward China, with officials vowing to fight “abusive” trade practices and bar products from the region home to the nation’s ethnic Uighur Muslim minority.

Janet Yellen, Biden’s intended nominee for Treasury secretary, said during her confirmation hearing that the U.S. is “prepared to use the full array of tools” to address actions such as “dumping products, erecting trade barriers and giving illegal subsidies to corporations.”