US Treasury Sec. Yellen: Expect China to meet trade deal commitments

US Treasury Secretary Janet Yellen said on Monday that they expect China to fulfill the trade deal commitments.

Additional quotes

“But eventually lowering tariffs in a reciprocal way could be a desirable outcome.”

“Lowering tariffs could have "disinflationary" effect.”

“Current inflation surge is a result of supply bottlenecks, higher energy prices.”

“Inflation should ease in 2H 2022.”