Seoul, South Korea – United States Secretary of the Treasury Janet Yellen has used a visit to South Korea to call for the “friend-shoring” of supply chains in partner countries to mitigate soaring inflation and shortages of key goods.
After touring a South Korean battery facility on Tuesday, Yellen highlighted the threat posed by “unreliable countries” and reiterated calls for US allies such as South Korea and Japan to boost trade cooperation to ensure the smooth movement of goods.
