In 2022, the trade volume between the United States and China topped $750 billion dollars. Despite the deep economic interconnection between the two largest economies, both countries have been taking steps to separate their supply chains from each other—a process known as decoupling. What is the drive behind the U.S. desire to decouple from China and the ongoing trade war, and is it possible to decouple from China completely?
In an interview filmed on March 8, 2024, Clark Packard discusses how decoupling would affect the American and global economy.
