Yellen says Chinese response possible on expected US tariff action

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Yellen says Chinese response possible on expected US tariff action
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WASHINGTON, May 13 - The United States could see a significant response from China following any U.S. tariff actions, U.S. Treasury Secretary Janet Yellen said on Monday ahead of expected new tariffs targeting certain sectors this week.

Yellen's comments, given ahead of an event on broadband, come as U.S. President Joe Biden is expected to announce new tariffs on Tuesday that will include a large hike on levies for electric vehicles.

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