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US has rejected isolationism – Yellen

WASHINGTON, D.C. — US Treasury Secretary Janet Yellen appeared to take aim at former president Donald Trump's economic approach on Tuesday, saying the current US administration has 'rejected isolationism that made America and the world worse off.'

Her opening remarks at a news conference two weeks before the US presidential election come as the International Monetary Fund (IMF) also issued a warning on a global rise in tariffs.

US Treasury Secretary Janet Yellen speaks during the annual meetings of the IMF and World Bank Group at the World Bank headquarters on Oct. 22, 2024 in Washington, D.C. Yellen took aim at former US president Donald Trump's approach to the economy by saying the US has rejected isolationism. AFP PHOTO