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US Hedge Fund Manager Warns against Decoupling with CN; Tariffs Blunt Tool to Solve Trade Problems
John Paulson, a famous hedge fund manager in the US and a mega donor for Republican, in an interview with Financial Times, forewarned that the US could not decouple itself from Chi...
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US Hedge Fund Manager Warns against Decoupling with CN; Tariffs Blunt Tool to Solve Trade Problems
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John Paulson, a famous hedge fund manager in the US and a mega donor for Republican, in an interview with Financial Times, forewarned that the US could not decouple itself from China, saying that tariffs on Chinese goods were a blunt tool in solving the trade imbalance.

China is the second largest economy in the world and the US should maintain good political and economic ties with China, opined Paulson, advocating for a fair and equal relationship between China and the US.

Related NewsUS Secretary of Commerce Expects Restriction Rules of US Investment in CN to Finish by End-2024
Trade is boon to the global economy, while tariffs are a blunt tool in creating a level playing field, Paulson opined, saying he is fine with the Fed's interest rate policy, while downplaying the strength of the economy under the governance of the President Joe Biden.

Paulson, who had held a US$50 million fundraising event for Trump in Florida last week, was considered as a possible pick for Treasury secretary.

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