https://motube.smithandtech.com/videos/watch/173f4215-0ed0-49d1-adeb-73ff96b6b8d4 Treasury Secretary Janet Yellen and U.S. Ambassador to China Nicholas Burns on Monday visited a brewery in Beijing where they drank beer made with American hops. China is the largest export market for American agricultural products. The stop came during Secretary Yellen's five-day trip to China where she raised concerns about China's overproduction of cheap electric vehicles, solar panels and batteries aided by heavy government subsidies. The U.S. and other countries fear cheap Chinese exports could undercut companies overseas, like it did in the early 2010s when China flooded the global market with steel and aluminum at artificially depressed prices. "When the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question," Secretary Yellen said in remarks earlier in the day. "We've seen this story before. Over a decade ago, massive PRC government support led to below-cost Chinese steel that flooded the global market and decimated industries across the world and in the United States. I've made clear that President Biden and I will not accept that reality again." Tue, 05 May 2026 15:49:33 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://motube.smithandtech.com https://motube.smithandtech.com/lazy-static/avatars/933c9118-81c8-4e69-a82c-512c3a13a060.jpg https://motube.smithandtech.com/videos/watch/173f4215-0ed0-49d1-adeb-73ff96b6b8d4 All rights reserved, unless otherwise specified in the terms specified at https://motube.smithandtech.com/about and potential licenses granted by each content's rightholder.