Table 4

Cumulative impact of the implementation of the Chips Act in 2040 on import by industry in each country relative to the baseline scenario (%)

ChinaUSEU(28)JapanKorea repTaiwanASEANRow
Agricultural products0.14−0.290.020.250.400.360.240.13
Textile and apparel−0.22−0.250.000.140.270.310.030.11
Chemical products−0.26−0.030.030.060.250.340.210.02
Metallic products−1.440.06−0.14−0.22−0.18−0.460.240.00
Machine made−1.15−0.81−0.240.350.470.600.380.30
vehicles−0.45−0.58−0.080.040.330.310.280.10
Electronic product0.45−1.240.00−0.510.080.390.96−0.35
Other manufacturing−0.23−0.26−0.100.150.160.170.10−0.17
Services−0.33−0.33−0.090.320.640.650.270.17

Source(s): Author simulation

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