Yellen says isolationism 'made America and the world worse off' in speech to global finance leaders

  • 📰 AP
  • ⏱ Reading Time:
  • 41 sec. here
  • 23 min. at publisher
  • 📊 Quality Score:
  • News: 93%
  • Publisher: 51%

Economic Policy News

Janet Yellen,Donald Trump,Economy

Treasury Secretary Janet Yellen is telling world financial leaders that the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump’s policies two weeks before the U.S. election.

Peru’s ex-president Toledo gets more than 20 years in prison in case linked to corruption scandalLower-priced new cars are gaining popularity, and not just for cash-poor buyersHarris bets her policies can attract Latino voters while Trump touts his time as president to themLamar Jackson throws for 281 yards, 5 TDs to lead streaking Ravens to 41-31 victory over BuccaneersSpielberg, Spike Lee and Queen Latifah among standouts in US arts and humanities honored by BidenLower-priced new cars are...

The meetings mark the last major international finance gathering held during the Biden administration and comes as economic issues are a top concern for American voters. Republicans have blamed the Biden-Harris administration for inflation that reached a 40-year high before dropping. Trump said at a September debate that the administration “destroyed the economy.

Trump and Harris have spoken little about their plans for the International Monetary Fund and the World Bank. But they have differing views on trade, tariffs and other economic issues. Trump has been skeptical of world financial bodies and is promising heavy tariffs if elected. Harris is more likely to continue the Biden administration approach favoring international cooperation over threats, though she has supported some tariffs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in BUSİNESS

Business Business Latest News, Business Business Headlines