Economy
Thursday, 7/16, 04:33 PM
Fully Cutting the US Off From China Would Cost $13.7 Trillion, EY Estimates
- Untangling the US economy from China would take roughly $13.7 trillion of investment over 25 years, and still might not fully work, according to a new analysis from consultancy EY-Parthenon.
- Add Europe and the UK, and the bill for the West reaches about $23.6 trillion.
- The numbers are a projection, not a forecast, but they put a price on a policy goal.