FILE - United States Secretary of the Treasury Janet Yellen speaks at the Atlantic Council Global Citizen Awards, Sept. 20, 2023, in New York. Yellen wants Latin America to trade more with the United States as part of an initiative that so far has failed to disrupt Chinas dominance in global manufacturing.
, the Chinese government responds by accusing the United States of stifling its growth and curbing its rise. In her speech, Yellen said Washington will not cut its economic ties with Beijing but pursue a “serious and clear-eyed" approach. To achieve Washington's goals, the U.S. will continue to engage China to “prevent misunderstanding and clarify our areas of agreement and disagreement," said Yellen, whoThe U.S. also is rebuilding and strengthening partnerships in the region with allies such as Japan, South Korea, Vietnam and India, Yellen said.