Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Palestinian media: Three Palestinians were killed after being targeted by Israeli drone fire in the al-Shujaiya neighborhood east of Gaza City
Nicolas Maduro: The Palestinian cause is the most sacred cause for humanity, and we propose sending teams of builders, farmers, and doctors to Gaza to help the people
Al Mayadeen's correspondent in Lebanon: IOF infiltrate Khallet Wardeh towards the municipality in the town of Aita al-Shaab, south of Lebanon.
Leaders of the United States, Egypt, Qatar, and Turkey sign a ceasefire agreement in Gaza.
Trump arrives in Sharm el-Sheikh
Israeli PM's office: PM informed Trump he would not attend Sharm el-Sheikh Summit on account of Jewish holidays.
Israeli media: Netanyahu makes last-minute decision to cancel trip to Sharm el-Sheikh.
Al Mayadeen's correspondent: Large crowds gather in Khan Younis to welcome the liberated Palestinian detainees, waving flags of Hamas and Islamic Jihad in celebration
Buses of released prisoners arrive in Ramallah
Israeli media: Netanyahu gifts Trump a "Golden Dove".

US, China discuss economic challenges, supply chains

  • By Al Mayadeen English
  • Source: Agencies
  • 5 Jul 2022 09:13
3 Min Read

The exchange between Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen comes as Joe Biden considers lowering tariffs on Chinese imports in order to combat rising inflation.

  • x
  • US and China discuss 'severe' economic challenges and supply chains.
    US and China discuss 'severe' economic challenges and supply chains.

Top American and Chinese officials had a discussion over a video call on Tuesday to discuss global economic challenges, especially regarding supply chains.

The exchange between Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen comes as President Joe Biden considers lowering tariffs on Chinese imports in order to combat rising inflation. In addition, the world's two largest economies are dealing with clogged supply chains and rising global energy prices.

"The two sides agree that as the world economy is facing severe challenges, it is of great significance to strengthen macro-policy communication and coordination between China and the United States," China's official Xinhua news agency reported.

"And jointly maintaining the stability of the global industrial and supply chains is in the interests of both countries and the whole world."

Read next: NATO to consider Russia a threat and China a "strategic challenge"

According to the Xinhua report, the video call was requested by the US and the conversation was "constructive."

Related News

Federal Workers to get final partial paychecks as shutdown continues

Araghchi to Trump: You can't claim peace while provoking endless wars

The US Treasury Department said in a readout that Yellen and Liu "discussed macroeconomic and financial developments in the United States and China, the global economic outlook amid rising commodity prices, and food security challenges."

"Secretary Yellen frankly raised issues of concern including the impact of Russia's war 'against' Ukraine on the global economy and unfair, non-market (Chinese) economic practices."

China has repeatedly refused to join the Western sanction campaign and condemned the arms sales to Ukraine. 

Read next: Beijing: Sanctions on Moscow harm trade between China and Russia

With inflation in the United States at 40-year highs, authorities there are rushing to try and find ways to ease price pressures. Lifting some of the trade tariffs imposed on China by Biden's predecessor, Donald Trump, is one option.

Any decision is likely to be made soon, as some of Trump's duties are set to expire on July 6 unless they are renewed. The penalties were imposed to "punish" China for what the US claims are unfair trade practices.

In the call with Yellen, China "expressed its concern about issues including the lifting of additional tariffs on China and sanctions by the US side", according to Xinhua. Biden and Chinese President Xi Jinping are expected to meet in the coming weeks.

  • United States
  • Beijing
  • Washington
  • Liu He
  • China
  • Janet Yellen
  • Joe Biden

Most Read

Palestinian journalist Saleh al-Jaafarawi in an undated image in Gaza, occupied Palestine (Social media)

Gaza Palestinian journalist Saleh al-Jafarawi killed by collaborators

  • Politics
  • 12 Oct 2025
Taylor Swift: The Life of a Showgirl

The Life of a No-Girl: The one verse Taylor Swift refuses to sing

  • Arts and Culture
  • 8 Oct 2025
Iran strikes secret Israeli-US bunker under Tel Aviv high-rise

Tel Aviv high-rise struck by Iran hid Site 81, secret US-Israeli base

  • Politics
  • Today
drop site

New report details extensive Israeli arson in Gaza after ceasefire

  • Politics
  • 13 Oct 2025

Coverage

All
War on Gaza

Read Next

All
US media rejects Pentagon rules limiting access to official info
Politics

US media reject Pentagon rules limiting access to official info

Australia open to sending troops to Middle East post-ceasefire
Politics

Australia open to sending troops to Middle East post-ceasefire

Arab journalists in US say they're being silenced after Gaza coverage
Politics

MENA journalists in US report heightened scrutiny since Gaza war began

Maduro offers Gaza aid and calls for real justice after Sharm El-Sheik.
Latin America

Maduro offers Gaza aid, calls for real justice after Sharm El-Sheikh

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS