US President Donald Trump once again raised the notion of the US economy’s separation from the Chinese economy.
and indicated that the United States will not lose money if business activities between the two largest economies in the world cease.
According to Reuters, Trump told a news conference at the White House over the Labor Day holiday, so when you mention the word separation, it's an interesting word. He pledged to bring back jobs from China to America.
He said that we are losing billions of dollars and if we stop doing business with them, we will not lose billions of dollars. It is called detachment, so one will start to think about it.
and Trump made a hard-line stance toward China a key part of his campaign for reelection on November 3rd. He accuses his Democratic opponent, Joe Biden, who leads him in most polls, of taking a soft stance on Beijing.
Trump said if Biden wins, China will win, because China will own this country.
For his part, Biden criticized the Trump administration’s first-phase trade agreement with China, saying it was unenforceable and full of ambiguity, weakness and pledges being recycled from China.
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Trump promised that in the future his administration will ban federal contracts with companies that rely on sources of supply in China and hold Beijing accountable for allowing the Corona virus, which began in China, to spread around The world.
and he said, "We will make America the superpower for manufacturing in the world and end our dependence on China forever ... Whether it is secession or imposing huge customs duties like what I'm already doing, we We will end our dependence on China because we cannot depend on China.
We will return jobs from China to the United States and impose customs duties on companies that flee America to create jobs in China and other countries.
US Treasury Secretary Stephen Mnuchin said in June that the disconnect between the US and Chinese economies will occur if US companies are not allowed to compete on a fair and equal basis in China's economy. / p>
Other officials and analysts said that the two economies are largely joined together, which makes such a step impractical, but Washington will continue to pressure Beijing to make the competition arena ...
