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Xi, like a screaming pouting child, is that he's going to pull for they don't coupling, they don't coupling notion. >> jared, explain why that is tough. it is not just that we buy stuff. this is not a normal relationship that we would have described 20 years ago, where we're buying manufactured goods from china. the relationship with china is substantially more complicated than that. from a currency perspective. >> from an investment perspective. and from what china does around the world. >> so donald trump thinks that he can unscramble the globalization omelet and he can't. it's not just that...

It seems like he's let go of making a deal and now his goal is what we call in nerd circles decoupling of china, which is just severing the economic relationship between the united states and china, which would be horrific and which many worry would divide the world between an economic and dig cal iron curtain and you would really have to choose between two internets, two economies, two worlds. i don't think we want that again. and what he seems to be moving toward full steam ahead if he can't get his way from president xi like a screaming pouting child is that he's going to pull for this deco...

Relationship between the united states and china, which would be horrific and which many worry would divide the world between an economic and dig cal iron curtain and you would really have to choose between two internets, two economies, two worlds. i don't think we want that again. and what he seems to be moving toward full steam ahead if he can't get his way from president xi like a screaming pouting child is that he's going to pull for this decoupling notion. it's very scarey. >> explain why that's tough. this is not a normal relationship we would have described 20 years ago. the relationshi...