That's ok. I have more than enough beer in the refrigerator.
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Just a guess, but Biden called on Congress to pass the CHIPS Act (which he's expected to sign next week) in his State of the Union address. He wants to subsidize domestic chip manufacturing. Taiwan currently provides the vast majority of US microchips. Pelosi's trip could be a way to reassure Taiwan that we're not planning on abandoning them in business relations or arms sales, and by Pelosi not backing down after vague Chinese threats, it also bolsters trust in other alliances of the US with foreign countries that involve arms deals and business relations that may be under threat by other large powers. As it stands, to my knowledge, the US is under no obligation to defend Taiwan in the case of a Chinese military takeover, but it's not off the table. It would have to be approved by Congress though.
In short, my understanding of the motives for her trip, geopolitical advantages. |
Yeah, that makes sense. Biden campaigned on a "buy/produce local" type mandate, didn't he?
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https://www.politifact.com/truth-o-m...e-all-product/ Perspective from an American: I'm all on board with this, but I wouldn't want it taken to an extreme. The reason so many US consumer goods are cheap is because we can import them for a much lower cost than we can manufacture them domestically. But certain essential goods, like medicine and microchips need to have a strong domestic production base, because if they don't, then you find yourself in a difficult situation when the supply chain is completely disrupted by something unexpected like the pandemic. We saw that, for example, with medicines during the pandemic. The vast majority of the US's pharmaceutical imports are sourced from China. There was a lot of talk of decoupling from China during the pandemic - again, it would be unwise to do so to an extreme, but bolstering our domestic production base for some of these products seems like a prudent thing to do. |
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CV, you know what you need to do bud |
Obama was the first president to brew beer in the White House. Andrew Jackson would've been proud.
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Soulless? The man had Wet Leg on his Summer Spotify playlist.
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No seriously; well explained. |
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