U.S. Treasury Secretary: Trade Negotiation with China 'Will Be a Tough Battle,' Goal Is Not to Decouple U.S. and Chinese Economies

BlockBeats News, April 23rd, According to sources who attended a J.P. Morgan meeting, U.S. Treasury Secretary Yellen said that the trade negotiations with China "will be a tough battle," and described the current bilateral trade situation as akin to a "quarantine," with the negotiation goal not being to decouple the Chinese and American economies.