ssible national security concerns. Fair engagement across technologies is a better way to secure national security than delinking.
“The cost of decoupling will be very high for both economies,” he said. “Engage
ment in a fair competition with common rules is a far better outcome than decoupling.”
If there has to be some “decoupling” due to “valid national security conc
erns” in both countries, that should be kept to a minimum and not exaggerated, he said.
“Normal commerce is in the interest of both of our countries. And we should pursue it vigorously,” he added.
Allen also said members of the council are worried that they are now i
n a “very uncertain time” when the already tense situation could potentially deteriorate, as th
e world’s top two economies are embroiled in a protracted trade dispute with the Trum