Reported 3 months ago
As Donald Trump’s chances of reelection increase, scholars express concerns that his administration may adjust U.S. chip subsidies, particularly impacting Taiwan. Trump’s claims that Taiwan is taking U.S. chip jobs are seen as misinformed, as Taiwan’s chip production relies on its own R&D without significant government aid. Should he win, Trump’s opposition to trade agreements could jeopardize the U.S.-Taiwan 21st Century Trade Initiative and possibly lead to increased tariffs on imports, affecting global trade dynamics.
Source: YAHOO