Treasury Secretary Janet Yellen and Deputy Prime Minister Liu He, who is in charge of the economy in China, met online as the US government considered reviewing the tariff impositions imposed on imports from China as a measure against record inflation.
It is believed that they exchanged views on tariff measures.
US Treasury Secretary Janet Yellen and China's Deputy Prime Minister Liu He met online on the morning of the 5th of Japan time.
According to the US Treasury, the talks exchanged views on rising global raw material prices and food security.
According to the Ministry of Commerce of China, Deputy Prime Minister Liu He said, "I told the United States that I have a strong interest in adding tariffs on Chinese products and revoking sanctions." It is believed that they exchanged.
The US government has taken over the Biden administration by invoking measures to impose high tariffs of up to 25% on Chinese goods during the previous Trump administration.
Yellen has already made it clear that he is considering reviewing tariff surcharges as a measure against record inflation.
On the other hand, there are opposition within the Biden administration that it will be weak against China, and the US government is likely to be forced to make a difficult decision.