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US President Donald Trump comments and answers questions from the press at the White House on September 7 – Photo: REUTERS
On September 7, US President Donald Trump again raised the idea of separating the US economy from the Chinese economy. He said the United States wouldn’t lose much money if the world’s two largest economies no longer do business, according to Reuters.
“When the word ‘uncouple’ is mentioned, it’s an interesting word,” President Trump said at a White House press conference, insisting on bringing the job. from China to America.
“We have lost billions of dollars. If we don’t do business with them (China), we won’t lose billions of dollars. It’s called ‘unbundling.”
Trump, who previously praised his good relationship with Chinese President Xi Jinping as he seeks to reduce the trade deficit between the United States and China, is now tougher on China during the elections. imminent president of the United States.
He also accused Democratic presidential candidate Joe Biden of being weak against China. “If Biden wins, China wins because China will own this country,” Trump said.
In the latest statement, Trump also threatened to punish any American company that creates jobs abroad and prevent companies doing business in China from obtaining federal contracts. He also promised to hold Beijing responsible for the spread of COVID-19 around the world.
“We are going to make America the world’s manufacturing superpower and eventually end its dependence on China. Whether by fragmentation or imposing huge tariffs like I did, we will conclude. Promoting dependence on China because we cannot trust China.” Trump said.
In June, US Treasury Secretary Steven Mnuchin said an economic divide would ensue between the US and China if US companies were not allowed to compete fairly in China.
Analysts believe that the two economies of the United States and China are so closely related that a separation is impossible. However, Washington will continue to pressure Beijing to level the playing field.
