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Donald trump, in the middle of the electoral campaign, he talks about China and the plan to strengthen U.S as the undisputed leader ofeconomy global.
Even without Beijing, the American superpower will be able to maintain its strategic economic, commercial and productive influence globally.
The incumbent president, determined to win the November elections, is focusing heavily on economic recovery. And about the rivalry with the enemy China. For this reason, in Trump’s eyes, one can also speak of Washington’s independence from Beijing in terms of business relationships.
Could decoupling between the United States and China be achieved? What Trump said.
America without China: Trump’s economic plan
Donald trump has once again raised the idea of separating the economies of the US and China, in what is known as decoupling, in a speech on Monday, September 7.
The vision of the incumbent president is clear, as reported Reuters: America would not lose money if the world’s two largest economies stopped doing business.
Tump’s anti-Chinese rhetoric is now a cornerstone of his election campaign. The hard line against Beijing is one of the recurring themes and a strategy absolutely to be confirmed for the next four years.
Trump has promised that in future his administration will ban federal contracts with companies that outsource to China and hold Beijing accountable for allowing the coronavirus to spread throughout the world.
This is your mission statement:
“We will turn America into manufacturing superpower the world and we will end our dependence on China once and for all. Whether it’s decoupling or massive tariffs like I already did, we will end our dependence on China, because we can’t trust it. “
Trump’s nationalization plan also provides for the reintegration of jobs from China to the United States and the imposition of tariffs on companies that leave the United States to create jobs in other countries, mainly an Asian nation.
the decoupling Will it really be on America’s Republican agenda? Some officials and analysts argue that the economies of the two countries are so intertwined that such a move is impractical, but Washington will continue to pressure Beijing to bend it at will (especially when it comes to trade rules).
Trump and optimism about the American recovery
The president did not stop praising his nation’s economic progress, painting a bright future for American power.
In particular, Triumph predicted a strong economic rebound next year and said the United States is now at the final tipping point regarding the pandemic. coronavirus.
The enthusiasm of the electoral campaign translated into a scenario of great optimism: “We are currently witnessing the fastest recovery in the labor market since a historic economic crisis. Next will be the most important year for the country’s economy. “
Triumph spoke three days after the Labor Department reported the creation of nearly 1.4 million of jobs in August and a drop in the unemployment rate from 10.2% in July to 8.4%.
About half of the jobs lost during the pandemic have recovered, although economists and health experts fear that a recovery from COVID-19 in the fall and winter could slow those gains.
