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Trump threat to ‘decouple’ US and China hits trade, investment reality, United States News & Top Stories

Jaleel M. by Jaleel M.
June 24, 2020
in World News
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Trump threat to ‘decouple’ US and China hits trade, investment reality, United States News & Top Stories
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WASHINGTON • 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 world’s biggest economies.

White House trade adviser Peter Navarro gave Asian markets a scare on Monday night by telling Fox News channel that the US-China trade deal was “over”. US stock futures dropped, the dollar rose, and volatility indexes climbed.

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