An island saved America in a trade war with China

05.02.2021

The rebellious island of Taiwan, whose authorities are trying to achieve international acceptance as an independent state, and China considers its own territory, saved the United States and other countries in a trade war with Beijing, writes CNBC.

At the beginning of 2021, a crisis situation developed in the automobile industry. Many manufacturers around the world are complaining about the shortage of chips and microcircuits needed in production.

Due to this situation, car factories around the world are forced to suspend assembly lines. The situation is exacerbated by restrictions imposed by the former US administration, headed by Trump, on Chinese chip producers.