The US and China are in a strategic competition: Fmr. Singapore ambassador

The Biden administration weighs tighter trade restrictions on chip exports to China. Additionally, former President Trump - now the confirmed Republican nominee - commented that Taiwan should be paying the US more for defense in case of a conflict with China in an interview with Bloomberg. All of this is adding pressure to semiconductor stocks like Nvidia (NVDA), Taiwan Semiconductor Manufacturing Company (TSM), ASML Holding (ASML), and Advanced Micro Devices (AMD) and sending their stocks lower in Wednesday's session.
"These are two very large economic powers competing within a single system... a global economy. I expect there to be a lot of very sharp rhetoric in the next three and a half or four months in the run-up to the US general election in November of this year," KraneShares Managing Director David Adelman tells Yahoo Finance. "There is bipartisan consensus in the US Congress and really throughout Washington that is forming or has formed around a more hawkish, more muscular policy towards China. But, nonetheless, there's also, a clear recognition that the US economy and Chinese economy are interdependent."
Adelman, a former US ambassador to Singapore, comes onto Market Domination to talk about the future of US-China trade policies, finding Trump's comments to be "consistent with American policy since 1979."
"It's in America's interest to try to run faster, rather than trip your opponent in this race towards a technological advantage," Adelman explains. "I worry that export controls that go too far could ultimately, inhibit or impede the development of chip boundaries and chip manufacturing outside of China. That could actually accelerate China's development of its ecosystem."
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[@happymelon7129]

Winners Focus on Winning,
Losers Focus on Winners

[@user-vp6vf8wm2s]

Muscular policy? Better exercise soon, with time, ageing will defeat yourself

[@TacticalMayo]

☢️☢️☢️

[@happymelon7129]

Just like your classmate(U$A) use his family power coercing the stationary shop(ASML,Japan,..) NOT to sell stationary to you.
it is NOT a competition when only one side(U$A) can change rules.

[@TacticalMayo]

But the United States isn't trying to do competition.

[@user-vp6vf8wm2s]

Keep your chips, China got the potatoes

[@lastChang]

对中国🇨🇳的半导体出口禁令是*本世纪*其中一个最重要的政策举措。
- 中国政权仍在努力弄清楚*到底发生了什么*。