Ms. Yellen made her remarks to finance ministers of the Group of 20 advanced and emerging-market economies at a virtual meeting. Ms. Yellen’s decision doesn’t guarantee that a deal will be reached. The U.S. sees a global deal as a path to get those levies removed. “It does represent a gesture of political commitment," she said of Ms. Yellen’s comments on Friday. Ms. Yellen, until Friday, had said little about the Biden administration’s views on these subjects.

Source: Mint February 27, 2021 07:17 UTC