U.S.-China Trade War and Decoupling from China in the Biden Era

Ian Tsung-yen Chen

《Taiwan Strategists》 8期 (2020/12) Pp. 21-39

摘要

After the fierce and contentious 2020 U.S. presidential election, Joe Biden won for the presidency. One pressing question is whether the Biden administration will reverse Trump's economic policies toward China. Given the challenge of power structure change from China, the new American government may be left without many alternatives but to continue Trump's policies in general. But the approach is likely to be a more multilateral approach, and be responsive to the interests of allies and domestic corporate interests. In protecting its economic security, Taiwan should diversify its global economic partnership and reduce its dependence on China. Further, Taiwan should upgrade its domestic infrastructure and design effective policy incentives for global investors to invest in Taiwan, making Taiwan a high-end technology hub. Lastly, Taiwan should seek the active participation in the Resilient Supply Chain Initiative, cooperating with U.S. and its allies in restructuring global supply chains.

關鍵字

Trade War ； Chip War ； United States ； Taiwan ； China