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Yellen: ‘Open Trade and Investment’ with China Helps Us and Them ‘Gain’ — ‘Decoupling Would Be Disastrous’

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During a portion of an interview with NPR on Thursday broadcast on Friday’s broadcast of NPR’s “Morning Edition,” Treasury Secretary Janet Yellen stated that “open trade and investment” with China is beneficial to both countries, but there are some areas where she has concerns and “We are concerned about overdependence on China.”
Yellen said, “I think decoupling would be disastrous. Trade and investment — open trade and investment, I think, is a win-win.

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