Photo taken on March 10, 2020 shows a stop sign and a plane approaching to land at Ronald Reagan Washington National Airport in Arlington, Virginia, the United States. (Xinhua/Liu Jie)
"If 'decoupling' proceeds, then much more federal funding for basic research --- and for U.S. science and math education -- may be needed to plug the gap."
"That probably means higher taxes and a more welcoming immigration policy for foreign talent from … other nations to offset a potential Chinese brain drain."
WASHINGTON, June 3 (Xinhua) -- Decoupling with China will come at "a significant cost to America's own competitiveness," a commentary published Tuesday by The Wall Street Journal (WSJ) has warned.
"U.S. security hawks should be aware that a broad-based attempt to disentangle the two countries' supply chains and educational linkages will come at a significant cost to America's own competitiveness," the WSJ's Nathaniel Taplin wrote.
"If 'decoupling' proceeds, then much more federal funding for basic research --- and for U.S. science and math education -- may be needed to plug the gap," he said. "That probably means higher taxes and a more welcoming immigration policy for foreign talent from … other nations to offset a potential Chinese brain drain."
"Finally, American consumers need to be prepared to pay more for the luxury of a secure and diversified supply chain," Taplin said. ■
