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	<title>decoupling Archives - Iran News Daily</title>
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		<title>Trump warns of &#8216;complete decoupling&#8217; from China</title>
		<link>https://irannewsdaily.com/2020/06/trump-warns-of-complete-decoupling-from-china/</link>
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		<pubDate>Sat, 20 Jun 2020 04:58:35 +0000</pubDate>
				<category><![CDATA[economic]]></category>
		<category><![CDATA[international]]></category>
		<category><![CDATA[decoupling]]></category>
		<category><![CDATA[Trade war]]></category>
		<category><![CDATA[Trump]]></category>
		<category><![CDATA[US-China]]></category>
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					<description><![CDATA[<p>TEHRAN (Iran News) – President Donald Trump warned Thursday the United States had the option of decoupling from China deeply intertwined economy, despite the powers&#8217; pledges to move forward on a trade deal. Tensions have been mounting between Beijing and Washington on a number of fronts including trade, although the two sides signed a &#8220;phase [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://irannewsdaily.com/2020/06/trump-warns-of-complete-decoupling-from-china/">Trump warns of &#8216;complete decoupling&#8217; from China</a> appeared first on <a rel="nofollow" href="https://irannewsdaily.com">Iran News Daily</a>.</p>
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										<content:encoded><![CDATA[<p>TEHRAN (<a href="https://irannewsdaily.com/" target="_blank" rel="noopener noreferrer">Iran News</a>) – President Donald Trump warned Thursday the United States had the option of decoupling from China deeply intertwined economy, despite the powers&#8217; pledges to move forward on a trade deal.</p>
<div class="itemcontent">
<p>Tensions have been mounting between Beijing and Washington on a number of fronts including trade, although the two sides signed a &#8220;phase one&#8221; deal earlier this year to bring a truce to a bruising trade war, AFP reported.</p>
<p>Trump tweeted: the US &#8220;certainly does maintain a policy option, under various conditions, of a complete decoupling from China. Thank you!&#8221;</p>
<p>The US president wrote that he was responding to comments by his trade representative Robert Lighthizer, who has been at the forefront of trade negotiations with Beijing.</p>
<p>Lighthizer told a congressional committee this week that China so far has been living up to the terms of a &#8220;phase one&#8221; agreement that eased the dispute, but that decoupling the two economic giants was now impossible.</p>
<p>&#8220;That was a policy option years ago, but I don&#8217;t think it&#8217;s a policy or reasonable policy option at this point,&#8221; Lighthizer said.</p>
<p>Lighthizer described himself as a hardliner on China policy, and outlined the Trump administration&#8217;s plans to &#8220;reset&#8221; the World Trade Organization, largely so that it can better rein in Beijing&#8217;s policies, which he says run afoul of free trade rules.</p>
<p>But his admission that the world&#8217;s two largest economies are inextricably linked – despite Trump&#8217;s aggressive campaign to push American firms to relocate production to the United States – caused some angst in Republican circles.</p>
<p>On Friday, Chinese Foreign Ministry spokesman Zhao Lijian told a regular press briefing that &#8220;trying to artificially cut global industrial and supply chains, and using political power to change the laws of the economy, is neither realistic nor wise&#8221;.</p>
<p>&#8220;This cannot solve the US&#8217; problems and will only cause ordinary Americans more harm,&#8221; he added.</p>
<p>Secretary of State Mike Pompeo said a senior Chinese official also confirmed to him Beijing&#8217;s commitment to phase one, which includes China stepping up purchases of US products.</p>
<p>Pompeo met Wednesday in Hawaii with Yang Jiechi, a veteran maker of Chinese foreign policy, in Hawaii to discuss soaring tensions.</p>
<p>Besides trade, the United States has sharply criticized China over its handling of the coronavirus pandemic, an upcoming security law in Hong Kong, and it&#8217;s mass detention of Uighurs and other minorities in the northwestern Xinjiang region.</p>
<p>Senior US diplomat David Stilwell, who accompanied Pompeo, said the United States insisted on a &#8220;more reciprocal&#8221; relationship but declined to discuss the discussions in depth.</p>
<p>&#8220;Whether or not they were productive or not, I will look at what comes up in the next couple of weeks. You&#8217;ll see a reduction in aggressive behavior or not,&#8221; Stilwell told reporters.</p>
<p>&#8220;If they come to the table with a reasonable proposal, the US is obviously going to treat it reasonably and look for ways to work toward a positive outcome.&#8221;</p>
</div>
<p>The post <a rel="nofollow" href="https://irannewsdaily.com/2020/06/trump-warns-of-complete-decoupling-from-china/">Trump warns of &#8216;complete decoupling&#8217; from China</a> appeared first on <a rel="nofollow" href="https://irannewsdaily.com">Iran News Daily</a>.</p>
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