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Inside a speech sent on the Atlantic Council on April thirteen, 2022, Yellen encouraged against the supply chain challenges posed by reliance on commodities from nations around the world that aligned with authoritarian regimes like Russia or China and favored friendshoring technique, an method that limitations provide chain networks to allies and p

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A Treasury agent said afterwards that Yellen also had in your mind ongoing lockdowns in China and new strains of COVID that have further more afflicted supply chains, As outlined by Reuters.Yellen acknowledged the two countries "strongly disagree" on quite a few spots and there are actually "threats of shocks" that may influence equally.Yellen left

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