Home Current News Trump again raises idea of decoupling economy from China

Trump again raises idea of decoupling economy from China

65

Trump again raises idea of decoupling economy from ChinaWith the U.S. election approaching, President Donald Trump on Monday again raised the idea of separating the U.S. and Chinese economies, also known as decoupling, suggesting the United States would not lose money if the world’s two biggest economies no longer did business. “So when you mention the word decouple, it’s an interesting word,” Trump told a Labor Day news conference at the White House in which he vowed to bring jobs back to America from China. Trump, who long touted friendly ties with Chinese President Xi Jinping as he sought to make good on promises to rebalance a massive trade deficit, has made getting tough on China a key part of his campaign for re-election on Nov. 3.

Source: yahoo.com/news