Yellen: Trump Policies Left U.S. Exposed to China as Biden Works to Shore Up Alliances
• Janet Yellen says Trump's policies left U.S. "more vulnerable" economically to China • Yellen Trump failed to invest at home and neglected relationships with allies • Biden administration trying to strengthen ties with nations through "friend shoring" • Tariffs and limits on tech investments in China being kept in place by Biden • U.S.-China trade totaled $758B in 2022 but Chinese investment in U.S. decreasing