U.S. Treasury Secretary Janet Yellen on Monday said she would not rule out any measures, including potential tariffs, on China's green energy exports.
"I wouldn't rule out anything out at this point.
"I'm not thinking so much of export restrictions, as some shifts in their macroeconomic policy, and a reduction in the amount of, particularly local government subsidies, to firms," Yellen said.
Washington's anxiety is shared by U.S. allies including Japan and Europe, as a glut of cheap Chinese products, such as solar panels, has flooded their markets.
"It's fine for China's firms to export in this industry, to develop it.
Persons:
Janet Yellen, CNBC's Sara Eisen, Yellen, White, they're
Organizations:
Treasury
Locations:
Washington, China, Beijing, Guangzhou, U.S, Japan, Europe