Last week Secretary of the Treasury Janet L. Yellen gave a speech on the U.S.-China economic relationship. I called it a declaration of war.
Yesterday National Security Advisor Jake Sullivan held a speech on ‘Renewing American Economic Leadership’ which touched on some of the same themes as Yellen’s speech.
U.S. Argues For More Protectionism And Subsidies
Tag: semiconductor industry
The US is fine with China’s economic success, as long as it’s on Washington’s terms
Treasury Secretary Yellen says engagement with Beijing is possible, as long as American ‘leadership’ is preserved
The US is fine with China’s economic success, as long as it’s on Washington’s terms
US Rushes to Provoke War w/Growing Chinese Army: Admits Taiwan will be Destroyed
Biden Stunts Growth in China for Chipmakers Getting US Funds
The Biden administration unveiled tight restrictions on new operations in China by chipmakers that get federal funds to build in the US, potentially hampering efforts to expand in the world’s largest semiconductor arena.
Biden Stunts Growth in China for Chipmakers Getting US Funds
How America can win the Chip Wars
There is a 20% chance of military confrontation
How America can win the Chip Wars
America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage + manufacturing chips in the US could make smartphones more expensive
America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage
Another possible fix would be to keep people in the workforce longer, by raising the age at which workers can begin collecting Social Security or tapping into their pensions or 401(k)s. Yet Harry Holzer, a former US Department of Labor chief economist now at Georgetown University, says that neither feels politically feasible right now. Immigration has been a toxic issue in American politics for years, and Social Security has long been an untouchable entitlement. “None of that is doable,” Holzer says, which means “our labor force growth is going to continue to be modest.”
Related:
How manufacturing chips in the US could make smartphones more expensive
Morcos says a top concern of his is the narrowness of the CHIPS Act. Without bringing related device manufacturing back to the U.S., such as device batteries, sensors, cameras, antennas, and hundreds of other components, the manufacturing process could require the most critical component to be produced stateside, then shipped overseas to be assembled with hundreds of other components into a device that is then shipped back to the U.S. for the American consumer.
Work longer, for less pay, and you still won’t be able to afford the latest smartphone or laptop?! 🤷🏼♀️
Center for a New American Security & MICIMATT say, “Be Afraid, Very Afraid” Of China
By Richard Fontaine, the chief executive officer of the Center for a New American Security.
China’s Balloon Could Be America’s Awakening
Related:
Center for a New American Security (funding and employees):
Read More »“Stop US interference”: Interview with the Labour Party of Taiwan
No Cold War is pleased to publish the following interview of Wu Rong-yuan, Chairperson of the Labour Party of Taiwan, conducted by Wim De Ceukelaire. The interview has been edited for clarity.
“Stop US interference”: Interview with the Labour Party of Taiwan
The US’ Scorched Earth Policy for Taiwan
When it comes to foreign policy, Hakeem Jeffries will bring more of the same
Despite his trail-blazing role as the first Black leader of a major party’s caucus, Jeffries’ foreign-policy views don’t veer from the status quo.
When it comes to foreign policy, Hakeem Jeffries will bring more of the same
Ms. Cat’s Chronicles 
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