Donald Trump reiterates threat to scale back US economic ties with China

Donald Trump reiterates threat to scale back US economic ties with China

  • President threatens to punish American firms that create jobs overseas and to forbid those that do business in China from winning federal contracts
  • Trump has sought to make China an election-year issue, portraying rival Joe Biden as a lackey of Beijing

US President Donald Trump on Monday reiterated threats by his administration to decouple the US and Chinese economies, pledging to reward companies that move their operations out of China and raising the possibility of halting business with the country altogether.

“We will make America into the manufacturing superpower of the world and will end our reliance on China once and for all,” Trump told reporters. “Whether it’s decoupling, or putting in massive tariffs like I’ve been doing already, we will end our reliance in China, because we can’t rely on China.”