US Commerce Secretary Gina Raimondo says if China were to reunify with Taiwan, the US would be devastated due to the ramifications that would hold for the chips market.

In a congressional testimony on Wednesday, US Commerce Secretary Gina Raimondo emphasized the potentially severe consequences for the United States if China were to decide to reunify with Taiwan.

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.

Speaking before the US House Appropriations Subcommittee on Commerce, Justice, and Science, Raimondo underscored the significance of Taiwan’s contribution to the microchip industry. She pointed out that the United States currently relies heavily on Taiwan Semiconductor Manufacturing Company (TSMC), procuring 92% of its leading-edge chips from the Taiwanese firm.

  • Comprehensive49
    232·
    4 months ago

    As the US’s importance in global trade declines, Taiwan’s trade will slant more and more toward China, and the 2 regions will become more and more interconnected until they are de-facto unified.

    That is the endgame. It’s also why China has quite generous policies toward Taiwan residents, such as easy-to-get Mainland Travel Permits for Taiwan Residents. It’s all to promote trade interconnection.