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Trump again raises idea of decoupling economy from China

US President Donald Trump again raised the idea of separating the US 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, reported Reuters

20 September 2020 - 19:00

US President Donald Trump again raised the idea of separating the US 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, reported Reuters.

'So when you mention the word decouple, it's an interesting word,' Trump told a news conference at the White House in which he vowed to bring jobs back to America from China.



'We lose billions of dollars and if we didn't do business with them we wouldn't lose billions of dollars. It's called decoupling, so you'll start thinking about it,' said President Trump.



He said he sought to make good on promises to rebalance a massive trade deficit and has made getting tough on China a key part of his campaign for re-election on November 3. He has accused his Democratic opponent, Joe Biden of being soft toward Beijing. 'If Biden wins, China wins, because China will own this country,' he said.


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