OpinionOpinion | Trump will put US and China back on collision course:
Even if both sides know conflict would be damaging and distract from domestic concerns ...
scmp.com/opinion/china-opinion/article/3293836/trump-will-put-us-and-china-back-collision-course
Photo: scmp.com · view article
Analysis: Trump could intensify tensions with ChinaThe article anticipates 2025 tariffs, tighter technology controls and additional risks involving Taiwan.
- According to the article, Trump could announce new tariffs on Chinese goods at the start of his second term, with the top rate likely to reach at least 25 per cent by the end of 2025.
- The approach could lead to more Chinese companies being added to the US Entity List and broader export controls, while China has already restricted exports of critical minerals and the technology used to process them, the article says.
- If Beijing perceives substantial moves by Taiwan towards de facto independence or Washington crosses other red lines, China could escalate militarily, the article says, potentially through a naval blockade or seizure of an outlying island.
- Although neither government reportedly wants a crisis in 2025, Japan, South Korea, Mexico and the European Union could increasingly face security-related choices carrying significant economic costs.
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Key FactsTrump Misunderstands Taiwan's Role in Semiconductor Industry
Sep 2, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: english.alarabiya.net
Summary created with AI assistance · Source: english.alarabiya.net
- Former US President Donald Trump has a lot on his plate and misunderstands Taiwan's role in the semiconductor industry, according to Taiwan's Economy Minister Kuo Jyh-huei.
- Trump's comments about Taiwan needing to pay for defense and stealing US semiconductor business negatively impacted TSMC's stock.
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