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Speaking of the impact of the US election results on Taiwan’s industries, Su Mengzong pointed out that the four main trends of local economic pressure, digital technology, the new corona pneumonia epidemic (Chinese communist pneumonia), science war and technology between the United States and China or the trade war must be “studied.” None of the three will be affected, the only thing affected is the science and technology war between the United States and China or the trade war.
Su Mengzong said that the two main trends of local economic pressure and digital technology have appeared before the epidemic and the technological war between the United States and China. Pressure from the local economy has led many countries to find ways to gradually change the World Trade Organization (WTO) concept of globalization to take care of the local economy and their own country’s employment; digital technology includes artificial intelligence (AI), industry 4.0, for example: through digital media. Technology helps the service industry and small and medium manufacturing industries, and it will continue to progress and will not change due to the election results.
For the epidemic, the US presidential election or Trump’s actions on the epidemic have not changed the second wave of epidemics in Europe. The epidemic can be a new normal for six months or more, and it will not change due to the election results.
Regarding the technology or trade war between the United States and China, Su Mengzong said that Biden’s approach is different from Trump’s. It includes the relationship between the United States and China or the industries that Biden values will be different from Trump. Trump attaches importance to traditional oil. Biden Give importance to renewable energy; Trump’s position on tech concepts is to take care of traditional industries, and Biden may have a similar approach because of US-China relations.
Su Mengzong noted that it is generally believed that if Biden is elected, the media may be more moderate and the anti-China pace may take a different path, such as greater coordination with the allies. If Trump is re-elected, there will be two scenarios. One is that you can continue with the current model. The other is that the interests of the United States are paramount. Through the negotiations between the United States and China, if China makes substantial progress, Trump will be under pressure without re-election. There may be different approaches and we must keep waiting and see if there will be different directions in the US-China negotiations.
Zheng Fuxiong, vice president of the Electrical and Electronics Association, believes that Trump’s withdrawal from the Paris Agreement, the Comprehensive Progress Agreement of the Trans-Pacific Regional Association (CPTPP), the withdrawal of the World Health Organization (WHO) and the strong demands for WTO reform, as well as oil prices and Saudi Arabia In the Arab economic war, Trump puts American interests first and, unlike Obama, Biden will also reform.
Zheng Fuxiong said that the Democratic Party and the Republican Party wear the same pair of pants in the science and technology war. The two parties are exactly the same and must contain China. Now the technology war is the beginning of a new cold war, some technologies in the United States cannot be transferred and products cannot be shipped to China because they believe that China is not a backward country or an emerging country, but a competitor. The two sides are exactly the same in the war of science and technology, it is just a question of force (to deal with China).
Editor in charge: Lu Meiqi