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Europe Daily Bulletin No. 13413

22 May 2024
Contents Publication in full By article 19 / 38
EXTERNAL ACTION / China
Janet Yellen calls for EU and US to coordinate on Chinese industrial overcapacity
Brussels, 21/05/2024 (Agence Europe)

On Tuesday, 21 May, US Secretary of the Treasury Janet Yellen warned against the lack of cooperation between the EU and Washington in countering Chinese industrial overcapacity. “If we do not respond strategically and in a united way, the viability of businesses in both our countries and around the world could be at risk”, she asserted during a visit to Frankfurt.

The United States announced a significant increase in tariffs on several Chinese products, including electric vehicles and...

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