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09 Apr
18:27

Yellen admonishes China over steel dumping, government subsidies

US treasury secretary Janet Yellen, recalling Chinese economic policies' past impacts on the American steel industry, is warning against unfair trade practices in the future, Kallanish learns from Yellen’s remarks at a press conference. “Over a decade ago, massive PRC (People's Republic of China) government support led to below-cost Chinese steel that flooded the global market and decimated industries across the world and in the United States. …
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