Most of their construction material comes from China and most of Taiwanese exports go to China. Taiwan will never compete on the global market for most of its products. This current policy is economic suicide, and anyone not blinded by ideology knows it.
Not a single US president pushed for a FTA with Taiwan. So far every single one has opposed it, while on the back bullying Taiwan to open their markets to dump cheap American pork into it, completely against the will of the Taiwanese people by the way.
The current result is that Taiwanese wages have stagnated for decades and as a result save for a select few that go to Japan and the US, a lot of other people look for opportunities in Mainland China.
What made Taiwan so successful in the past is what makes Dubai and Singapore so successful now. Open trade with everyone, and easy business opportunities. Both things that it no longer engages in.
BTW the big joke nobody really seems to know is that the pro independence party has never submitted a bid for independence, while the pro China party has.
Not a single US president pushed for a FTA with Taiwan. So far every single one has opposed it, while on the back bullying Taiwan to open their markets to dump cheap American pork into it, completely against the will of the Taiwanese people by the way.
The current result is that Taiwanese wages have stagnated for decades and as a result save for a select few that go to Japan and the US, a lot of other people look for opportunities in Mainland China.
What made Taiwan so successful in the past is what makes Dubai and Singapore so successful now. Open trade with everyone, and easy business opportunities. Both things that it no longer engages in.
BTW the big joke nobody really seems to know is that the pro independence party has never submitted a bid for independence, while the pro China party has.