It is fine and dandy for the USA to decouple from China because the USA runs an annual trade deficit of $500 billion with on China,
We are quite the opposite: We run $45 billion a year trade surplus with China (or at least we did!)
So, rather than aping Trump in "decoupling from China" we should keep our powder dry until such time that we diversify trade away from China.
As I have being saying ad nauseum for the past four years on these threads, the best way to diversify trade away from China is to process increasing %ages of our minerals here onshore and then supply global markets with processed/manufactured steel & aluminium products.
Talk is cheap. It requires astute forward planning by our Government (instead doing the mug " follow the market" rubbish.
Japan, Korea & Singapore (in our region) didn't get to where they are today by "following the market" In fact it took a generation of careful planning and building to become industrialised/ commercialised to where they are today.
Too bad if the Yanks dont like Governments doing anything except collectiong tax and squandering it on useless things such as massive armed forces and wars.
So in summary, we need nation building politicians; not mugs aping a deranged US leadership.
