Decoupling the US economy from China sounds like a good idea to Americans who blame the Asian giant for the massive loss of US factory jobs during the past 20 years. The trouble is that the US imports most of its capital goods, so it would have to import more capital goods for years—including from […]
US can’t decouple from China without China’s help
US would have to import more Chinese capital goods for years to reduce its dependence on China in the long term
