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The Guardian - UK
The Guardian - UK
Business
Lisa O'Carroll in Brussels

Janet Yellen urges EU to join US in curbs on cheap Chinese exports

US treasury secretary Janet Yellen
Janet Yellen said the US and its western allies should react in a ‘united way’ to Chinese exports. Photograph: Andrew Caballero-Reynolds/AFP/Getty Images

Janet Yellen, the US treasury secretary, has urged the EU to intervene urgently to dampen the growing export levels of Chinese cut-price green technology including solar panels and wind turbines, pushing European leaders to move to a full-scale trade war.

At the same time she urged German bank executives on Tuesday to step up efforts to comply with sanctions against Russia and shut down efforts to circumvent them to avoid potential penalties themselves that could see the US cut them off from dollar access.

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