Jen psaki

The United States would forgo $190 billion in its gross domestic product annually by 2025, or roughly 1 percent of its GDP at last year's level, if it were to fully decouple with China, a scenario that would force the US aviation industry alone to shed close to a quarter-million jobs, according to an analysis by the US Chamber of Commerce and Rhodium Group. The projections highlight the potential costs to the American economy at a time when the Biden administration is grappling with a pandemic-battered economy and weighing its policy agenda with China. "If the US and China were to fully decouple, American businesses and our economy would be significantly impacted, resulting in hundreds of billions in foregone GDP and capital gains losses while undermining US productivity and innovation," the US Chamber tweeted on Thursday about the report released Wednesday. The first-of-its-kind study, "Understanding US-China Decoupling: Macro Trends and Industry Impacts", seeks to better ... » Learn More about Analysis: Decoupling could trim 1% off US GDP

Taking the stage for the first time since leaving office, former US president Donald Trump called for GOP unity, even as he exacerbated intraparty divisions by attacking fellow Republicans and promoting lies about the election in a speech that made clear he intends to remain a dominant political force. Speaking on Sunday at the Conservative Political Action Conference, where he has been hailed as a returning hero, Trump blasted his successor, President Joe Biden, and tried to lay out a vision for the future of the GOP that revolves firmly around him, despite his loss in November. "Do you miss me yet?" Trump said after taking the stage to cheers from the supportive crowd. Trump, in a two-hour speech, tried to downplay the civil war gripping the party over the extent to which Republicans should embrace him, even as he unfurled an enemies list, calling out by name the 10 House of Representatives Republicans and seven GOP senators who voted to impeach or convict him for inciting the ... » Learn More about Trump opens fire on foes with hint for 2024