Janet Yellen says the Trump administration’s China policies left the US more vulnerable

By FATIMA HUSSEIN
Associated Press

WASHINGTON (AP) — Treasury Secretary Janet Yellen says former President Donald Trump’s economic policies toward China left America “more vulnerable and more isolated” in the global economy. It’s a rare jab by her at the front-runner for the Republican presidential nomination. Yellen made the comment at a U.S.-China Business Council event Thursday night. Yellen said the Trump administration “failed to make investments at home in critical areas like infrastructure and advanced technology.” She said in 2024, the U.S. “will aim to continue to responsibly manage the U.S.-China bilateral economic relationship” but the “relationship will face continued challenges.” Yellen said China still deploys unfair economic practices and is too slow in resolving relief plans for debt distressed countries.