Trump would severely damage the US if he carries out his China threat
Donald Trump is hardening his threat to “decouple” the US economy from China’s. The prospect that, if he were to win re-election in November, he might actually follow through with that threat ought to send shivers through corporate America and their western peers.
Trump and the hawks in his administration have been muttering about decoupling from China for weeks but, trailing in the polls against Joe Biden, Trump significantly ratcheted up the rhetoric on Monday (US time).
“We lose billions of dollars and if we didn’t do business with China we wouldn’t lose billions of dollars,” he said.”
“It’s called decoupling. So you’ll start thinking about it. You’ll start thinking they take our money and they spend it on building aeroplanes and building ships and building rockets and missiles.”