Jake Sullivan and Janet Yellin on ... a "New Washington Consenus"? (2 of 2)
brucemillerca.substack.com
The recent speeches by Treasury Secretary Janel Yellin and National Security Adviser Jake Sullivan seem to be signaling an interesting and at least partly constructive turn in the dominant rhetoric on international economics coming from Washington. Yellin’s speech is most notable for her assertion that the US was not aimed at “decoupling” itself from China economically. And Sullivan made the same point. Christina Lu describes this as “the Biden administration’s latest effort to define its economic approach toward China and reassure European allies that have grown wary of the increasingly hawkish U.S. position.”
Jake Sullivan and Janet Yellin on ... a "New Washington Consenus"? (2 of 2)
Jake Sullivan and Janet Yellin on ... a "New…
Jake Sullivan and Janet Yellin on ... a "New Washington Consenus"? (2 of 2)
The recent speeches by Treasury Secretary Janel Yellin and National Security Adviser Jake Sullivan seem to be signaling an interesting and at least partly constructive turn in the dominant rhetoric on international economics coming from Washington. Yellin’s speech is most notable for her assertion that the US was not aimed at “decoupling” itself from China economically. And Sullivan made the same point. Christina Lu describes this as “the Biden administration’s latest effort to define its economic approach toward China and reassure European allies that have grown wary of the increasingly hawkish U.S. position.”