Janet Yellen Says U.S. ‘Will Not Accept’ Flood of Cheap Chinese Products

EXCERPT:

YELLEN: “Actions taken by the PRC today can shift world prices. And when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question. And we've seen this story before. Over a decade ago, massive PRC government support led to below-cost Chinese steel that flooded the global market and decimated industries across the world and in the United States. I’ve made clear that President Biden and I will not accept that reality again.”