Janet Yellen Calls for Trade Overhaul to Diversify From China

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SEOUL—Treasury Secretary Janet Yellen called for a reorientation of the world’s trading practices in the wake of Russia’s invasion of Ukraine, pushing again for countries to become less reliant on China for critical components like semiconductors. Speaking at an LG Group research facility in South Korea’s largest city and capital, Ms. Yellen explored so-called “friend-shoring,” a prop...

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