Yallen attacks Trump's commercial policy: vague and well studied

Former US Treasury Secretary Janet Yellen said the justifications for customs duties policy, followed by President Donald Trump, are “vague and not based on logical foundations,” and added that she believes China “wants to reduce the tension or reduce hostilities between the two parties.” Yellen, who also held the post of President of the Federal Reserve during the Obama and the start of the Trump administration, explained that the unrest in bond markets reflected during the recent period and the decline in the value of the dollar “loss of confidence”, although things have not yet reached a stage that requires the central bank intervention. Yellain said in an interview with the ‘Balance of Powers’ program on Bloomberg TV on Monday:’ The steps to remove or cut customs are positive, but we live in a world full of a serious condition of uncertainty. ‘Yellen expressed her confusion about some of the goals targeted by the Customs Graphic campaign, and indicated that the drawings that Trump promised to be mutually, instead of commercial deficit, the duo-sometimes sanctions against economies that exacerbated their trading deficiency over the past year, with US companies diversifying China. We encourage Vietnam to produce the goods we trusted in China. For national security, we wanted to diversify supply chains. On China, American families will carry very large burdens. Of course, things change daily. The outbreak of the kofid. But we haven’t reached this stage yet. ‘