Virginia Governor Glenn Youngkin, a Republican, says the "threat of China around the world" is driving European businesses to invest in the US. Speaking on Bloomberg Television, he also says the economy built by former president Donald Trump during his time in the White House is the type of economy needed in the current high-inflation and low-growth environment. "We need low inflation and high growth. I believe that’s what President Trump built in his last time," Youngkin says.
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