Reported 5 months ago
Donald Trump hinted at instituting a 'protection fee' for the US to safeguard Taiwan's semiconductor market, suggesting that Taiwan should pay for America's defense. Analysts fear that if Trump, known for his protectionist stance, wins again, it could escalate costs globally and worsen inflation. The potential 'Trump 2.0' administration is expected to maintain a tough stance towards China, with concerns that the conflict may involve Taiwan. Policies proposed by Trump and Biden show stark contrasts, particularly in terms of taxing the wealthy and corporations and their approaches towards clean energy and semiconductor industries.
Source: YAHOO