U.S. President Donald Trump renews threat to cut ties with China
On Thursday, President Donald Trump renewed his threat to cut ties with China a day after the U.S. Trade Representative Robert E. Lighthizer told Congress that Trump did not see decoupling the U.S. and Chinese economies as a viable option.
“It was not Ambassador Lighthizer’s fault (yesterday in Committee) in that perhaps I didn’t make myself clear, but the U.S. certainly does maintain a policy option, under various conditions, of a complete decoupling from China,” the U.S. president said on Twitter.
The world’s two largest economies reached their lowest point in years since the coronavirus outbreak that started in China hit the United States hard. Trump’s administration repeatedly accused Beijing because of the lack of transparency about the pandemic.
China’s decision to impose security legislation on Hong Kong has worsened the economy as well.