What will the unravelling of US-China trade mean for the economy?

What will a US-China decoupling mean for the global economy?

China and US flags on chess pieces in the middle of a chess board.
(Image credit: Prasit photo via Getty Images)

Just 12 short months ago, the then-US Treasury secretary Janet Yellen made a trip to Beijing to deliver the message that the world’s biggest economy had no wish to decouple from the world’s second, its biggest trading partner.

“Our two economies are deeply integrated, and a wholesale separation would be disastrous for both,” Yellen assured her hosts.

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Simon Wilson’s first career was in book publishing, as an economics editor at Routledge, and as a publisher of non-fiction at Random House, specialising in popular business and management books. While there, he published Customers.com, a bestselling classic of the early days of e-commerce, and The Money or Your Life: Reuniting Work and Joy, an inspirational book that helped inspire its publisher towards a post-corporate, portfolio life.   

Since 2001, he has been a writer for MoneyWeek, a financial copywriter, and a long-time contributing editor at The Week. Simon also works as an actor and corporate trainer; current and past clients include investment banks, the Bank of England, the UK government, several Magic Circle law firms and all of the Big Four accountancy firms. He has a degree in languages (German and Spanish) and social and political sciences from the University of Cambridge.