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Taiwan evades US sanctions

Vanguard figures mean go figure

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Internet Security Threat Report 2014

Taiwanese chip company Vanguard, reeling from a US decision earlier this week which imposed swingeing sanctions, has come up with a cunning plan to avoid further Micron suits. But, in the process, the European Union could be hit by the US trade department. According to sources close to Vanguard Taipei, the company will ship its production to Europe, to avoid the American tariffs. This could lead to a reprise of the so-called Banana War. The European Union and the USA are currently disputing beef tariffs. Three weeks ago, the EU disappointed Caribbean states, including Jamaica and Trinidad, by bowing down to US dictats. ®

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