Trump Suggests US Economy Could Fully Decouple from China... Indicates Possibility of Decoupling

[Image source=Yonhap News]

[Asia Economy Reporter Yuri Kim] U.S. President Donald Trump hinted at the possibility of decoupling between the United States and China.

On the 23rd (local time), President Trump, in an interview with Fox News, said, "No country has taken apart the U.S. like China," warning that the U.S. economy could be completely separated from China. He emphasized that "we lose billions, hundreds of billions of dollars and get nothing from China," highlighting unfair trade practices with China.

President Trump said that although he achieved a result through the Phase One trade agreement with China last January, where China purchased more U.S.-made industrial and agricultural products than ever before, the outcome "no longer means the same to me" after the COVID-19 pandemic.

When asked about the policy direction during his term, President Trump responded, "Are you asking if we will decouple (from China)?" and said, "If they don't treat us properly, we will."

Meanwhile, President Trump reiterated his claim that if Democratic presidential candidate and former Vice President Joe Biden wins the U.S. election this November, "China will own the United States." He referred to a U.S. intelligence report suggesting that the Chinese government would intervene to help Biden win, saying China controls Biden and wants Trump to lose.

Regarding Biden’s second son Hunter, he pointed out that "his son, who has no experience and has done nothing, received $1.5 billion (about 1.78 trillion won). It’s ridiculous," highlighting that the private equity fund Hunter was involved with received a $1.5 billion investment through a state-owned Chinese bank.

This content was produced with the assistance of AI translation services.