What would the United States stand to lose economically if its current access to the Taiwanese market were upended or totally restricted?
This seemingly theoretical question about the longtime U.S. trading partner has taken on more relevance in the past several weeks. First, longtime fears about a potential Chinese invasion of the island – which Beijing claims as its own – were magnified as China increased military pressure by sending patrols, firing live ammunition nearby, practicing blockading the island and even publicly revealing the existence of new barges that might be used in an invasion. If China uses force, Taiwan’s manufacturing capacity could be destroyed.
