Last week, in order to allay U.S. fears about accessing critical technology, China pledged to build what it called an open and inclusive industrial supply chain. It also pledged a stable supply of high-quality products for the global market.
Prior to the 2020 presidential campaign, Donald Trump made it clear that economically decoupling from China would be a priority in his second term.
Steven Mosher, who leads the Population Research Institute, says the United States is “feeding the dragon” by doing business with China’s authoritarian communist party that controls its economy and businesses.
“If you stop sending over trillions of dollars in investments, if you stop buying Chinese-made goods, if you stop allowing them to beg, borrow or steal our technology, including our military technology,” he says, “the Chinese system run by the Chinese Communist Party will collapse.”
U.S. imports from China totaled approximately $536 billion in 2022 and U.S. imports to China totaled $154 billion, AFN has reported.
