President Trump considering decoupling from China
President Donald Trump told Fox News he would consider pulling away from relations with China.
The President states, “When I put the tariffs on China, that’s why we got so much of our business back... we were doing better than we’ve ever done with China. I was all set to rock and roll; then we got hit with this situation...”
Treasury Secretary Steven Mnuchin agrees with the President, saying that a decoupling could happen if U.S. companies are not able to compete on a level playing field.