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US-China tensions

Trump again raises idea of decoupling US economy from China

President says Beijing 'will own this country' if Biden wins

U.S. President Donald Trump speaks and answers questions from the press at the White House on Sept. 7.   © Reuters

WASHINGTON (Reuters) -- With the U.S. election approaching, President Donald Trump on Monday again raised the idea of separating the U.S. and Chinese economies, also known as decoupling, suggesting the United States would not lose money if the world's two biggest economies no longer did business.

"So when you mention the word decouple, it's an interesting word," Trump told a Labor Day news conference at the White House in which he vowed to bring jobs back to America from China.

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