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Japan's Message for Donald Trump: Don't Cut a Deal With China
  + stars: | 2024-02-01 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +8 min
Trump, who reached a trade agreement with Beijing in 2019 that later expired, has not mentioned any potential deal with China during his campaign for the 2024 nomination. Two Japanese foreign ministry officials said they fear that Trump may be prepared to weaken U.S. support for nearby Taiwan in pursuit of a deal with China. A Trump aide told Reuters that no recent meetings have taken place between Trump and Japanese officials. "If he is going to cut a deal with China, Japan needs to try and get ahead of the curve and understand its potential role to support its interests in both the U.S. and in China," said Machida. Robert O'Brien, Trump's former national security adviser, also has connections with Japanese officials, two of the sources said.
Persons: John Geddie, Tim Kelly, Yoshifumi, America's, Donald Trump, Fumio Kishida, Joe Biden's, Trump, Xi, Kim Jong Un, they're, Ado Machida, Machida, Shinzo Abe, Aso, Japan's, Shigeo Yamada, Mike Pence, Jim Mattis, Mike Pompeo, Michael Green, Bill Hagerty, Yamada, Hagerty, Robert O'Brien, Trump's, O'Brien, Shigeru Kitamura, Biden, Tsuneo Watanabe, John Bolton, Watanabe, Yukiko Toyoda, Kaori Kaneko, Sakura Murakami, David Brunnstrom, Tim Reid, Ben Blanchard, Laurie Chen, Liz Lee, David Crawshaw Organizations: Trump, Republican, Group, North, Reuters, Fox News, U.S, Steel, Japan's Nippon Steel, U.S ., Liberal Democratic Party, . Studies, University of Sydney, Japan's U.S, Taiwan, Peace Foundation Locations: TOKYO, Japan, Asia, China, Beijing, Tokyo, Iowa, New Hampshire, U.S, Taiwan, Washington, Trump, Taipei
A lot has changed since then, and today, the best cocktail bars are instead concentrated in Taipei’s financial district. These bars embrace the flavors of locally abundant flowers and fruits like roselle, guava and white ginger lily, which they infuse in syrups and liquors. For a sleek lounge experience, try Fridge Bar (cocktails from 380 Taiwan dollars), a cocktail lounge hidden behind a steel door in a sandwich shop. For a bit more novelty, consider Placebo , whose decor is reminiscent of an old Chinese medicine shop and where drinks (around 400 Taiwan dollars) may be served out of antique-looking teapots. Both bars encourage going off-menu; feel free to request a flavor profile (sour, sweet, herbaceous, spicy) or a quirky ingredient (basil, sesame oil, chile pepper) and let the bartender surprise you.
China's "zero COVID" policy has hit Apple's supply chain, causing delays on iPhone production. But any shift out of China won't be quick, with over 35% of the factories supplying Apple located in China. Some estimates say it will take until the end of the decade to move 10% of Apple's iPhone manufacturing out of the country. There are 28 Apple suppliers in Vietnam, or 3.8% of the total listed by Apple. Onshoring iPhone production?
Apple 's (AAPL) apparent plans to start getting some chips for its devices made on U.S. soil is a strategic decision that should help the iPhone maker insulate itself from brewing geopolitical risks in Asia. Apple designs its own semiconductors for iPads, iPhones and Macs, but those chips are produced by Taiwan Semiconductor Manufacturing Company (TSM). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
The fate of the global economy may rest on the shoulders of one company: TSMC. That's because there could be trillions of dollars' worth of economic activity tied to that one company: Taiwan Semiconductor Manufacturing Company, the world's biggest chipmaker. Ann Wang/ReutersThe semiconductor industry has its roots in the US, as much of the research and development is done on US soil. According to a 2021 report from the Semiconductor Industry Association, in 1990 the US produced 37% of the world's chip supply. These days, the US is responsible for only 12% of global chip production.
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