WASHINGTON (Reuters) – With the U.S. election approaching, President Donald Trump on Monday again raised the idea of separating the U.S. and Chinese economies, also known as decoupling, suggesting the United States would not lose money if the world’s two biggest economies no longer did business.
U.S. President Donald Trump delivers remarks at the North Portico of the White House in Washington, U.S., September 7, 2020. REUTERS/Sarah Silbiger
“So when you mention the word decouple, it’s an interesting word,” Trump told a Labor Day news conference at the White House in which he vowed to bring jobs back to America from China.
“We lose billions of dollars and if we didn’t do business with them we wouldn’t lose billions of dollars. It’s called decoupling, so you’ll start thinking about it,” Trump said.
Trump, who long touted friendly ties with Chinese President Xi Jinping as he sought to make good on