If the US leadership does not impose tough economic sanctions against China during a year,
which would prohibit not only the sale of new technologies to China, but also partially restrict trade turnover between the countries, then the decline of the US economy will only accelerate, which will lead to significant dropping in US living standards. Up to date, we are only at the beginning of the economic crisis, which, according to economists, may last about 5 years, and in order to mitigate the fall in GDP, which by the way is already falling in the second quarter in the US, us simply vitally needs to redirect investments from China to his country, as well as, if possible, withdraw from China production capacity owned by businesses from the US and ES.
We support the Chips and Science Akt, which was adopted recently in the US, these laws assume that the US government will allocate 280 billion dollars over several years to stimulate the production of semiconductors in the US. In our opinion, visit of a government delegation from the United States to Taiwan was connected precisely with negotiations with the leadership of TSMC to transfer 100% of the production capacity of the semiconductor industry to the United States in the shortest possible time, because the White House realizes that China can begin an operation to occupy Taiwan in the very near future.
We would also like to draw the attention of the US government to a 3-fold increase in the price of gas in the EU, the value of which is currently from two to two and a half thousand dollars per thousand cubic meters. This gives huge opportunities to attract investments from EU countries to the US, which will certainly have a positive effect on the economic situation in the United States.