Trump said the U.S. chip market is dominated by Taiwan and called for introducing H-1B immigrants.

Trump said today (Beijing Time November 18) that we Americans foolishly lost the chip market to Taiwan. The United States needs H-1B immigrants to manufacture computer chips and "train our people."

[Witty] Comment: Trump's remarks clearly reflect his trade protectionism and short-sighted thinking. It is not easy to artificially change the industrial chain, and let's see whether Trump will succeed. The layout of the chip industry is the result of long-term market choices, technological accumulation, and global division of labor. The United States wants to rely on administrative measures to "reclaim" the chip industry and hopes that H-1B immigrants will "train" domestic talents. The global supply chain has already become deeply integrated, and forcibly cutting it will only disrupt market order and increase costs. If Trump continues to push forward forcefully, he will not only fail but also damage the stability of the global supply chain, eventually reaping the consequences himself.

Original: www.toutiao.com/article/1849081449211912/

Statement: This article represents the views of the author himself.