U.S. President Donald Trump wants to revive construction plans for the Keystone XL Pipeline after permits for the project were revoked by President Biden in 2020.
He’s also threatening TSMC with tariffs if they don’t build a factory in the states. But it’s like, without them you are fucked, so I’m not sure why he thinks he has any power in the situation. Well, aside from threatening to pull defense from Taiwan, at which point now the US is basically threatening war which is crazy, and they may just do it, but I mean holy shit.
Handing Taiwan to China would be the stupidest geopolitical play in modern history. If the US did this the entire world would divest in America overnight.
And yet it’s still a possibility because that’s where the US is right now. Trump already proved this with his dogshit withdrawl from afghanistan(completed by Biden, but all the terrible setup was the GOP). A nice little test run and great for setting precedence.
If the US pulls defence from Taiwain and Taiwan falls to Chinese rule, the US still doesn’t get TSMC. In fact, they would be handing an essential resource to an enemy nation.
The US has absolutely nothing to bargain with in that situation.
He slaps 25% tariffs on Canadian oil. Then wants pipeline from Canada to US built. Yeah makes sense.
The instructions from his handlers must have been unclear
He’s also threatening TSMC with tariffs if they don’t build a factory in the states. But it’s like, without them you are fucked, so I’m not sure why he thinks he has any power in the situation. Well, aside from threatening to pull defense from Taiwan, at which point now the US is basically threatening war which is crazy, and they may just do it, but I mean holy shit.
Handing Taiwan to China would be the stupidest geopolitical play in modern history. If the US did this the entire world would divest in America overnight.
And yet it’s still a possibility because that’s where the US is right now. Trump already proved this with his dogshit withdrawl from afghanistan(completed by Biden, but all the terrible setup was the GOP). A nice little test run and great for setting precedence.
If the US pulls defence from Taiwain and Taiwan falls to Chinese rule, the US still doesn’t get TSMC. In fact, they would be handing an essential resource to an enemy nation.
The US has absolutely nothing to bargain with in that situation.
Oil is only a 10% tarrif.
Though im onboard with adding a 15% export tarrif to bring it in line.
Make it 25% and use the money to subsidize exports to any other country and undercut their exports.