China, according to Trump, is the one responsible for causing the Covid-19 global outbreak.

"The President's withdrawal from the agreement without giving China the opportunity to fulfill its commitments will create tremendous instability," said Craig Allen, president of the US Business Council in China, the representative organization.

On May 15, Trump announced new sanctions against Chinese telecommunications conglomerate Huawei.

"There is a huge technical flaw through which Huawei can use US technology based on foreign manufacturers. We will never let that hole exist," said US Commerce Secretary Wilbur.

"More and more companies are realizing that a pandemic is crippling their businesses and considering diversifying their supply chains," said John Scannapieco, a business lawyer in Nashville.

Leaving China first will be industries related to national security.

In times of geopolitical tensions or the world facing the current global pandemic, dependence on foreign supplies could become a threat to national security, according to a statement.

This is especially true for the US if the important supplier is a geopolitical rival like China.

The US now relies on China for 16 items spread across five areas, from things that people think of as rare earth materials to more common things like vitamin C pills and vitamin D used in

For the United States, the prevailing story is that China has quickly become a technological power by stealing intellectual property.

For China, their story is that they have smart and hard-working workers so they don't need to steal any computer code from the US.

But like most of the rest of the world, China still relies on American technology, from semiconductors to mobile operating systems.

According to Apjit Walia, Deutsche Bank chief executive, post-Covid-19, the scenario that many people easily think of is a global technology Cold War.

"This 21st Century Cold War has the potential to erect a 'wall of technology' that separates the world into two halves, two parallel technologies, one pillar in the US and one pillar in China with

The impact of the Technology Cold War on all aspects of global life can last for decades, even across generations.

According to dbDig, a large data platform of Deutsche Bank, China has easy access to global capital markets and actually holds many talented minds, so they are expected to reach a balance point.

However, Trump's strategy to slow China down seems to be working.

Trump may have to leave the White House in 8 months.

"Confronting China without allies is not the right way and I believe (Joe) Biden will return to his old (Obama era) diplomatic approach," said Nicole Lamb-Hale, chief executive officer.

Meanwhile, China will strengthen its domestic technology development capacity.

Supporters detach from China argue that the only way they can "comply with the rules of the game" is economic sanctions.

Even Adam Smith, the "father of free trade," made it clear that a nation's reliance on supplies of essential products from another country is undesirable because if a crisis breaks out, they

According to a report from the Henry Jackson Association, the process of leaving China can be done in two positive and negative ways.

The authors of the report, on the other hand, stressed that positive results would come if the US and its allies did not seek to "suppress" China but instead used more basic steps such as applying a war.