In a recent interview with US media, US Treasury Secretary Janet Yellen once again hyped up so-called China's "overcapacity" in areas such as the EVs, but she was questioned by the host about the fact that the US government also provides huge subsidies in these areas.Therefore, she told the truth - "the US is very explicitly subsidizing investments in these areas, but does not want to see "massive Chinese subsidies to firms that will just drive our firms out of business". The U.S. subsidies are "vital" and China's subsidies "disrupt the market." The U.S. double standards are astonishing!

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