Trump prepared for the separation of the US and Chinese economies

Trump prepared for the separation of the US and Chinese economies

POLITICS

2020-08-24 13:20:14

US President Donald Trump said that if he wins the next presidential election, he will be ready to consider the possibility of disconnecting the economies of the United States and China. This is reported by signal-means-profits.com.

According to him, while the US does not get anything from China, but, on the contrary, only loses money. Trump stressed that the losses amount to hundreds of billions of dollars. The head of state also said that if China behaves inappropriately with the US, it will not only think about separating the two countries economies, but will definitely do so.

Earlier, trump threatened to deprive American companies of government contracts if they continue to cooperate with China. He also called for tax incentives to encourage businesses to move factories from China to their home country. The President promised to create ten million jobs in ten months, saying that it is necessary to "stop dependence on China."

The US has been waging a trade war with China since 2017. In early 2020, the parties decided to make mutual concessions and concluded the" first phase" of the deal, then Beijing agreed to buy more American goods. However, the American side later accused China of hiding data on the spread of the coronavirus and refused to conclude the "second phase of the deal".

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