U.S. Commerce secretary: Competing with China not 'easy'

FILE PHOTO: U.S. Secretary of Commerce Gina Raimondo speaks during the High-Level Economic Dialogue Second Annual Meeting in Mexico City, Mexico September 12, 2022. REUTERS/Raquel Cunha/Pool

U.S. Commerce Secretary Gina Raimondo said on Wednesday Washington must do more to counter China while insisting the world's two largest economies should not isolate from each other.

Raimondo cited U.S. strengths like American universities, billions of dollars in government funding for semiconductors and research, and strong allies around the world as assets when competing with China.