In the past, Taiwan enjoyed a trade surplus with the mainland and experienced rapid economic development, which has always been a source of pride for Taiwan.

However, due to recent cross-strait issues, not only has Pelosi been allowed to visit, but Taiwan has also joined the U.S. in sanctioning the mainland's chip supply.

Now, Taiwan is finally reaping the bitter consequences!

The Taiwan authorities have always been defiant, claiming that without the support of the mainland, Taiwan can still prosper and develop.

But the reality is that Taiwan has now shifted from a trade surplus to a huge trade deficit, and Taiwan can no longer laugh.

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In June of this year, Taiwan's export volume was $32.3 billion, a sharp decline of 23% compared to the same period last year, and the export volume has been declining for 10 consecutive months.

Such a poor performance last occurred during the economic crisis of 2008.

Taiwan's most prided semiconductor industry is also facing an unprecedented winter.

Previously, TSMC was lured by the U.S. to move all its factories to the U.S., but the various subsidies promised by the U.S. are almost non-existent, and even TSMC's technology and factories are being detained.

Moreover, after TSMC moved to the U.S., labor and tax costs have risen sharply, and manufacturing costs have increased significantly.

Losing its competitive edge, it is difficult for it to get a share of the leftovers in the U.S. TSMC has not only lost tens of billions in the U.S., but also abandoned the mainland market.

With no way out, it can only watch its performance decline.

In June, Taiwan's semiconductor exports decreased by 21.3%.

On the mainland side, it is also continuously looking for alternative solutions to reduce dependence on imports.

For example, ZTE, Unigroup, Yangtze Memory, and others have achieved self-sufficiency in the consumption of mid-to-low-end semiconductors, no longer leaving opportunities for the U.S., Japan, and South Korea to strangle.

If the decline in trade is not taken seriously by Taiwan, then increasing trade reviews will further put pressure