US May Slip Into Recession if Taiwan Chip Link is Cut

Cutting supply links with semiconductor fabrication abroad, especially in Taiwan, will push the US into recession, US Commerce Secretary Gina Raimondo told CNBC.

The US Senate this week gave its nod to a much-debated semiconductor bill that seeks to hand billions of dollars in subsidies for the computer chip industry.

Read the full story: CNBC

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Tags: Computer Chip Taiwan

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.