Chinese reunification with Taiwan to devastate US, Commerce Sec. says
Raimondo, showcasing that the US is only interested in Taiwan’s “security” because of its importance in the microchip sector, highlighted the critical role of Taiwan in microchip supply and production, stressing the decades-long collaboration between Taipei and Washington in this domain.
Related:
Trump’s attacks on Chinese cars strike a chord — with both parties
“Ohio knows all too well how China illegally subsidizes its companies, putting our workers out of jobs and undermining entire industries from steel to solar manufacturing,” Brown said in a statement. “We can’t wait for China to run this same playbook in the auto industry — we need strong rules, including but not limited to tariffs, to stop a flood of Chinese electric vehicles that threaten Ohio auto jobs.”
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He said the average price gap between a Chinese vehicle and its U.S.-made counterpart ranges from 44 percent to 179 percent. “That is a massive gap,” the executive said. “Tariffs alone aren’t going to take care of that.”
Reuters: Mexico yields to US pressure on incentives for Chinese car makers
He said that such incentives have declined during the government led by President Andrés Manuel López Obrador, who took office in late 2018, although they have been offered to large investors such as Audi.
Hypocrisy, Thy Name is the United States:
Read More »Biden admin awards $8.5B to Intel for advanced chips
Commerce Secretary Gina Raimondo said the agreement will set the U.S. up to meet its target of producing 20% of the globe’s leading-edge chips by the end of the decade.
Taiwan has a general election on Saturday. The international media has highlighted the election as an important geopolitical pivot – namely, if the current incumbent government party, the Democratic Progressive Party (DPP), wins the presidency and legislature and continues its call for formal (not just de facto) independence from mainland China, that will mean intensified attacks on Taiwan by Beijing, perhaps leading to military conflict.
Taiwan: the technology trade turn
By Brian Berletic
Source: New Eastern Outlook
As Russia’s special military operation (SMO) approaches two years of intense fighting, having parried Ukraine’s “spring counteroffensive” and with the initiative shifting to Russian forces, Western capitals are now admitting they are reaching the limits to remaining support for Kiev.
The Grim Prospects of US Proxies: Ukraine, Israel, and Taiwan
As Russia’s special military operation (SMO) approaches two years of intense fighting, having parried Ukraine’s “spring counteroffensive” and with the initiative shifting to Russian forces, Western capitals are now admitting they are reaching the limits to remaining support for Kiev.
The Grim Prospects of US Proxies: Ukraine, Israel, and Taiwan
US tightens rules on AI chip sales to China in blow to Nvidia
Nvidia chief executive Jensen Huang told the Financial Times earlier this year that the 2022 controls had left the Silicon Valley company with its “hands tied behind our back” by barring sales of its most advanced chips to China. He has said further restrictions could seriously harm US chipmakers by eating into their ability to finance investment.
H/T: Jason Hunt
Related:
China ups export curbs on key EV battery component, safeguarding graphite amid US tensions
The TSMC Arizona chip plant is behind schedule, over budget, and the subject of contention in online forums – and now an analyst says that it will be little more than a useless paperweight, even when it does finally begin production.
Not only will it only make chips for older Apple devices, but it can’t even complete the process of making those without sending them back to Taiwan for final assembly …
TSMC Arizona chip plant will be a paperweight, says analyst
Finian Cunningham
Taiwan is facing the curse of being an ally of Uncle Sam in the same way that Germany and the rest of Europe have.
U.S. Calls for Bombing Taiwan’s Semiconductor Industry… Nord Stream Sabotage Redux
Our previous article explained the importance of the Taiwanese firm TSMC as a critical link in the global semiconductor supply chain. Although it is not the only firm with the ability to manufacture cutting-edge logic chips, TSMC is the only viable choice for chip design companies in many situations, and under normal market conditions is likely to remain so for years to come. Control of TSMC’s foundries in Taiwan might thus appear a decisive factor both in Beijing’s readiness to risk attempting unification through force, and for other states deciding whether to take a strong stance against this.
Would China Invade Taiwan for TSMC? (archived)
Ms. Cat’s Chronicles 
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