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Bloomberg Television

Why the US #election matters to Taiwan #politics 😺

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I will make sure that America not China wins the competition for the 21st century two candidates with two different approaches toward Beijing to me the most beautiful word in the dictionary is tariff caught in the middle is Taiwan which relies on the US for security guarantees but has deep economic and cultural ties to Mainland China who’s next in the White House matters to key chip companies on the island facing uncertainty over Industries support in the states while Beijing pushes to level the Tech playing field the entire ecosystem in semiconductor has to face actually stronger competition from China at the same time uh with the United States it’s not really clear how much uh of the subsidies will be coming to Taiwanese manufacturers so net net for Taiwan uh it’s a loss pressure on Taiwanese chip firms to Offshore at least some production is unlikely to Abate even if UBS is among those who see essential operations stay put retaining crucial semi- production on the island carries a risk as worries SWR that tensions between Beijing and taipe could spiral into military conflict still taiwan’s government and big business alike say they’re ready to work with either new US leader

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