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Yellen says the U.S. and its allies should use ‘friend-shoring’ to give supply chains a boost

Yellen says the U.S. and its allies should use ‘friend-shoring’ to give supply chains a boost

U.S. Treasury Secretary Janet Yellen (pictured here at a news conference, ahead of the G-20 meeting in Bali on July 14), said supply chain resilience is a key focus of the Biden-Harris administration.

Made Nagi | Reuters

U.S. Treasury Secretary Janet Yellen has reiterated the need for the United States and its trusted trading partners to boost supply chain resilience through “friend-shoring,” but said this does not mean the U.S. is retreating…


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