Lena Petrova: Janet Yellen Pushes G20 to Support the US Economic War on China

The economic rivalry between the United States and China remains centered around several key areas, including trade imbalances, intellectual property rights, technology transfer, and market access. Under the Trump administration, tensions escalated significantly through the imposition of tariffs and trade restrictions on Chinese goods. Although the Biden administration has signaled an intention to shift towards a more diplomatic approach, it has also expressed a commitment to maintaining pressure on China to address these concerns. Janet Yellen’s push for G20 support in the US-China economic confrontation carries significant implications for the future of the global economy. While increased multilateral cooperation could…