Janet Yellen

A Chinese official walks by the China and U.S. national flags before a meeting between Commerce Secretary Gina Raimondo and Chinese Minister of Commerce Wang Wentao at the Ministry of Commerce in Beijing on Aug. 28, 2023

The strong interest in Türkiye clearly shows that the economic program is progressing on the right track, Finance Minister Mehmet Şimşek said, assessing his recent visit to the United States.

Finance Minister Mehmet Şimşek will be in the United States this week for G20 and World Bank meetings, and he is also expected to meet with investors during his visit.

U.S. Treasury Secretary Janet Yellen has pushed back on Republican presidential candidate Donald Trump's proposals of high tariffs on allies and rivals, calling such moves "deeply misguided" weeks before the Nov. 5 election.

Her remarks delivered in New York come as Trump vows to impose across-the-board levies on U.S. imports, with a particularly high tariff level on Chinese goods.

The United States has imposed sanctions on ten individuals and two entities from Russia, accusing them of trying to influence the 2024 US presidential election. The US Department of the Treasury described these actions as part of a broader effort to counter Russia's alleged attempts to manipulate public opinion ahead of the November election.

G7 finance ministers said on Saturday they were making "progress" in finding ways to use profits from frozen Russian assets to help Ukraine, according to a draft statement from a summit in Italy.

U.S. Treasury Secretary Janet Yellen on Thursday urged G7 ministers meeting in Italy to work on "more ambitious options" to use frozen Russian assets to help Ukraine.

The ministers and central bankers from the Group of Seven world powers are meeting in Stresa, on the shores of northern Italy's Lake Maggiore, to prepare for a summit of G7 heads of state next month in Puglia.

Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the American Chamber of Commerce in China released on April 23.

Russian Foreign Minister Sergei Lavrov was in China for an official visit on Monday, his ministry said, with the two countries looking to strengthen diplomatic ties as Russia's invasion of Ukraine grinds on.

Moscow's foreign ministry announced Lavrov had touched down in Beijing in a post on X, formerly Twitter, on Monday morning.

Beijing's commerce minister dismissed as "groundless" U.S. concerns that a surge of low-cost Chinese exports posed a risk to global markets, as Washington's Treasury chief on Monday wrapped up a visit aimed in part at addressing the issue.