“I don’t believe that American consumers will see any meaningful increase in the prices that they face,” Secretary Yellen said Tuesday in an interview on the PBS NewsHour. Yellen also highlighted the importance of the Section 301 China tariffs to protect American manufacturers and workers. “It’s very important to protect our workers and our firms in these strategic sectors from the kind of dumping that results when China develops massive overcapacity in these areas,” Secretary Yellen said.

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