Trump vows to sharply scale back US economic ties with China

Published: September 10, 2020  Updated: September 10, 2020 at 9:05 am EST

President Donald Trump said he intends to curb the U.S. economic relationship with China, contrasting himself with Joe Biden by threatening to punish any American companies that create jobs overseas and to forbid those that do business in China from winning federal contracts.

“We’ll manufacture our critical manufacturing supplies in the United States, we’ll create ‘made in America’ tax credits and bring our jobs back to the United States and we’ll impose tariffs on companies that desert America to create jobs in China and other countries,” Trump said at a White House news conference on Monday where he complained at length about his Democratic reelection opponent.

“If they can’t do it here, then let them pay a big tax to build it someplace else and send it into our country,” he said of U.S. corporations. “We’ll prohibit federal contracts from companies that outsource to China and we’ll hold China accountable for allowing the virus to spread around the world.”

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