Without chips from Taiwan our economy will collapse. That is China's only economic leverage.I'm not getting what you're saying here.
I posted an argument that I think could happen and deserves discussion.would be nice to have a link to a news story so we know what this is about.
It's a tariff though, not an embargo. It's Trump taxing the country on a necessary import. China and Taiwan don't care how much their products are taxed, long as it's American consumers paying the tax.Without chips from Taiwan our economy will collapse. That is China's only economic leverage.
That is not my point. China's economy is already precarious. The US depends on chips from Taiwan. China can easily stop all chips from leaving Taiwan. It is only a hundred miles away. It would require a war to break the blockade.It's a tariff though, not an embargo. It's Trump taxing the country on a necessary import. China and Taiwan don't care how much their products are taxed, long as it's American consumers paying the tax.
If Americans companies could produce those products, for 25% or whatever less, they would be already.
China and Taiwan don't care how much their products are taxed, long as it's American consumers paying the tax.
Soon, we won't need chips from Taiwan. Taiwan will be making them right here in the US.That is not my point. China's economy is already precarious. The US depends on chips from Taiwan. China can easily stop all chips from leaving Taiwan. It is only a hundred miles away. It would require a war to break the blockade.
When will that be?Soon, we won't need chips from Taiwan. Taiwan will be making them right here in the US.
Don't know, but nobody can snap their fingers and make it happen, if that's what you want.When will that be?
Trump has backed China into a corner and Taiwan is their only leverage. I am watching the China market news now. Tune in Bloomberg China. This is how wars start.Don't know, but nobody can snap their fingers and make it happen, if that's what you want.
They don't care if their products are necessary to US consumers and the US consumers will reluctantly pay the tariffs.They care if less of their products gets sold to US market because it's suddenly too expensive for US consumer.
I posted an argument that I think could happen and deserves discussion.
You must really dislike Trump's hyperbolic speech.Your thread title stated that Trump pushed China to embargo Taiwan like it was fact when it was really “clickbait.” I’ll get back to you when it actually happens—like World War III.
They don't care if their products are necessary to US consumers and the US consumers will reluctantly pay the tariffs.
And the US consumers will fire off emails to their congresscritters.
Don't bet that the US population will outlast the rest of the world when a trade war starts to impose inconvenience and deprivation.
I think chips from Taiwan and South Korea were something Trump begrudgingly left out of the tariffs because Elon begged him. At least he made chips an exception, for now.Without chips from Taiwan our economy will collapse. That is China's only economic leverage.