by Mike ‘Mish’ Shedlock
Trump proposes to stop trading with China. What would happen?
Decouple From China?
Please consider Trump Again Raises Idea of Decoupling Economy from China.
“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.
“If Biden wins, China wins, because China will own this country,” he said.