Oh plenty of chips used in US come from mainland China, including military uses https://www.forbes.com/sites/erictegler/2024/01/09/americas-carriers-rely-on-chinese-chips-our-depleted-munitions-too/
well that's good. but the microchip industry is why we're protecting Taiwan for the most part, right? besides the whole having a foothold in the sea near China just to annoy them
I imagine geopolitical concerns are the primary reason for US interest in controlling Taiwan. I'm not even sure what US is protecting the chip industry from exactly. It's not like US isn't utterly dependent on China for manufacturing already, and China is clearly perfectly happy to export chips to US. The whole problem ultimately stems from the irrational US policy towards China.
So how much is the US going to start directly paying China for all the stuff they make?
Trumps brain is going to end up in a gemcutting exhibit so people can marvel at its profound smoothness
Oh nothing... its just $160B in trade the United States does, nothing much.
U.S. goods and services trade with Taiwan totaled an estimated $160.0 billion in 2022. Exports were $54.5 billion; imports were $105.5 billion. The U.S. goods and services trade deficit with Taiwan was $51.0 billion in 2022.
U.S. goods exports to Taiwan in 2022 were $44.2 billion, up 20.1 percent ($7.4 billion) from 2021 and up 82 percent from 2012. U.S. goods imports from Taiwan totaled $91.7 billion in 2022, up 19.1 percent ($14.7 billion) from 2021, and up 136 percent from 2012. U.S. exports to Taiwan account for 2.1 percent of overall U.S. exports in 2022. The U.S. goods trade deficit with Taiwan was $47.5 billion in 2022, a 18.1 percent increase ($7.3 billion) over 2021.
U.S. exports of services to Taiwan were an estimated $10.3 billion in 2022, 2.4 percent ($243 million) more than 2021, and 11 percent less than 2012 levels. U.S. imports of services from Taiwan were an estimated $13.8 billion in 2022, 38.8 percent ($3.9 billion) more than 2021, and 131 percent greater than 2012 levels. Leading services exports from the U.S. to Taiwan were in the intellectual property, transportation, and travel sectors. The United States had a services trade deficit of an estimated $3.5 billion with Taiwan in 2022, down 3802.1 percent from 2021.
U.S. foreign direct investment (FDI) in Taiwan (stock) was $16.7 billion in 2022, a 2.7 percent increase from 2021. U.S. direct investment in Taiwan is led by manufacturing, finance and insurance, and wholesale trade.
Taiwan's FDI in the United States (stock) was $16.1 billion in 2022, up 1.1 percent from 2021. Taiwan's direct investment in the U.S. is led by manufacturing, depository institutions, and wholesale trade.
Source: https://ustr.gov/countries-regions/china/taiwan
U.S. goods and services trade with China totaled an estimated $758.4 billion in 2022.
So how much money can China expect to be given for 4 times as much trade?
The U.S. goods and services trade deficit with Taiwan was $51.0 billion in 2022.
That confirms the title.
He is not smart to realize Taiwan’s strategic value. I hope no one tells him
