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Trump threat to 'decouple' US and China hits trade, investment reality | Malay Mail

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WASHINGTON, June 24 — Conflicting talk from Trump administration officials about “decoupling” the US economy from China is running into a challenging reality: Chinese imports of US goods are rising, investment by American companies into China continues, and markets are wary of separating the...

Wednesday, 24 Jun 2020 06:52 AM MYT

Navarro quickly backtracked on Monday night, saying he was referring to a lack of trust between the United States and China over the coronavirus outbreak. President Donald Trump also quickly tweeted that the deal was intact. But part of that message — that the United States is able and willing to walk away from its largest supplier — is challenged by on-the-ground realities.

US officials, including Lighthizer and Secretary of State Mike Pompeo and Treasury Steven Mnuchin, have recently affirmed China's commitment to meet terms of the Phase 1 trade deal, which calls for China to boost purchases of U.S. farm and manufactured goods, energy and services by US$200 billion over two years.

 

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