What Janet Yellen’s nomination as Treasury secretary means for U.S. policy on China and trade

Posted December 6th, 2020 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Governments & Regulators, Growth & Valuation, Personal Finance.

Description: Former Federal Reserve Chair Janet Yellen has been nominated by President-elect Joe Biden as his Treasury secretary — a position that would make her, if confirmed by the Senate, a critical figure in U.S. trade negotiations with China

Source: CNBC.com – video report

Date: Dec 01, 2020

Link: https://www.cnbc.com/2020/12/02/what-yellens-nomination-as-treasury-secretary-means-for-china-trade.html

Questions for discussion:

What does the article suggest is the likely direction of trade negotiations with China with Janet Yellen’s position?
What does this mean for businesses and investors involved in trade with China?
What does this mean for stock markets?