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US Must Spend $13.7T to Cut China Ties

7/17/2026

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Story summary
  • EY-Parthenon says the United States, Eurozone and United Kingdom must invest $23.6 trillion over 25 years to decouple from China.
  • The United States share would be $13.7 trillion for infrastructure, R&D, manufacturing, software, transport and training.
  • In 2024 the United States bought 45 % of smartphones ($51.5 billion) and 76 % of toys ($14.4 billion) from China, while President Donald Trump’s 10 % Section 122 import tax expires later this month.