April 11, 2025 - Epoch Times
00:57
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| Time | Text |
|---|---|
| I think President Trump wants to push a very deep ongoing decoupling from China, and I think he wants to promote that decoupling not just with China, but with, | |
| let's say, drawing at least a secondary moat around near allies like Mexico, Canada, parts of Europe, Japan, and South Korea. | |
| I would suspect that is the longer goal. | |
| I'm not going to claim to speak for the Trump administration. | |
| In pure financial terms, with the trade deficit, I think we export roughly $150 billion to China, and I think we import, I want to say, about $400 billion a year from China. | |
| In pure financial terms, that has a bigger impact on China. | |
| But as we also know, in an authoritarian communist regime that is strikingly nationalistic at the moment We've really been building to this point for some years. |
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