Cumulative impact of the implementation of the Chips Act in 2040 on import by industry in each country relative to the baseline scenario (%)
| China | US | EU(28) | Japan | Korea rep | Taiwan | ASEAN | Row | |
|---|---|---|---|---|---|---|---|---|
| Agricultural products | 0.14 | −0.29 | 0.02 | 0.25 | 0.40 | 0.36 | 0.24 | 0.13 |
| Textile and apparel | −0.22 | −0.25 | 0.00 | 0.14 | 0.27 | 0.31 | 0.03 | 0.11 |
| Chemical products | −0.26 | −0.03 | 0.03 | 0.06 | 0.25 | 0.34 | 0.21 | 0.02 |
| Metallic products | −1.44 | 0.06 | −0.14 | −0.22 | −0.18 | −0.46 | 0.24 | 0.00 |
| Machine made | −1.15 | −0.81 | −0.24 | 0.35 | 0.47 | 0.60 | 0.38 | 0.30 |
| vehicles | −0.45 | −0.58 | −0.08 | 0.04 | 0.33 | 0.31 | 0.28 | 0.10 |
| Electronic product | 0.45 | −1.24 | 0.00 | −0.51 | 0.08 | 0.39 | 0.96 | −0.35 |
| Other manufacturing | −0.23 | −0.26 | −0.10 | 0.15 | 0.16 | 0.17 | 0.10 | −0.17 |
| Services | −0.33 | −0.33 | −0.09 | 0.32 | 0.64 | 0.65 | 0.27 | 0.17 |
| China | US | EU(28) | Japan | Korea rep | Taiwan | ASEAN | Row | |
|---|---|---|---|---|---|---|---|---|
| Agricultural products | 0.14 | −0.29 | 0.02 | 0.25 | 0.40 | 0.36 | 0.24 | 0.13 |
| Textile and apparel | −0.22 | −0.25 | 0.00 | 0.14 | 0.27 | 0.31 | 0.03 | 0.11 |
| Chemical products | −0.26 | −0.03 | 0.03 | 0.06 | 0.25 | 0.34 | 0.21 | 0.02 |
| Metallic products | −1.44 | 0.06 | −0.14 | −0.22 | −0.18 | −0.46 | 0.24 | 0.00 |
| Machine made | −1.15 | −0.81 | −0.24 | 0.35 | 0.47 | 0.60 | 0.38 | 0.30 |
| vehicles | −0.45 | −0.58 | −0.08 | 0.04 | 0.33 | 0.31 | 0.28 | 0.10 |
| Electronic product | 0.45 | −1.24 | 0.00 | −0.51 | 0.08 | 0.39 | 0.96 | −0.35 |
| Other manufacturing | −0.23 | −0.26 | −0.10 | 0.15 | 0.16 | 0.17 | 0.10 | −0.17 |
| Services | −0.33 | −0.33 | −0.09 | 0.32 | 0.64 | 0.65 | 0.27 | 0.17 |
Source(s): Author simulation
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