Expert Analysis of US Treasury Secretary’s Visit to China Amid Microchip War

Treasury Secretary Janet Yellen visited China on Monday. The visit comes as the microchip war between the United States and China intensifies, with China imposing new export restrictions on semiconductor materials. Retired U.S. Marine Col. Grant Newsham tells NTD that it’s likely the United States will offer some concessions to facilitate further talks with the Chinese. Newsham said he is concerned that sanctions surrounding semiconductors might be relaxed, and that there could be a reduction in tariffs.