Table 6

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

Import country
ChinaUSEU (28)JapanKorea repTaiwanASEANRow
Export countryChina0.00−3.54−3.43−2.45−2.06−2.81−2.72−2.88
US2.740.003.474.635.995.375.454.53
EU1.992.752.743.845.094.484.413.65
Japan1.292.342.390.004.573.923.933.22
Korea0.191.521.912.630.002.802.592.35
Taiwan0.121.431.622.563.430.002.802.20
ASEAN0.912.252.383.404.233.573.462.98
Row1.702.732.723.864.794.223.833.45

Source(s): Author simulation

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