Reported about 9 hours ago
Jamieson Greer, nominated as the US Trade Representative by President-elect Donald Trump, advocates for a strategic decoupling from China, which he views as a generational challenge. Greer suggests revoking China's permanent normal trade relations status, imposing higher tariffs, tightening export controls, and enhancing support for critical sectors in the US to reduce reliance on China. He acknowledges that while these moves might cause short-term economic pain, the risks of underestimating China are far greater.
Source: YAHOO