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    Current page location: Home > Answers > Why is it that China imports $200B of semiconductors from the USA, yet it is stated that the USA exports $130B too and imports $500B of goods from China per annum?
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    Krise Wu
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    Why is it that China imports $200B of semiconductors from the USA, yet it is stated that the USA exports $130B too and imports $500B of goods from China per annum?

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    • Time:2018-11-21 16:02:20
    Why is it that China imports $200B of semiconductors from the USA, yet it is stated that the USA exports $130B too and imports $500B of goods from China per annum?
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    Xu Guo
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    The accounting is quite funny because USA charges taxes, a lot of taxes.

    The easiest way to estimate the real semiconductor trade is to watch the revenue of TSMC. In 2016, TSMC reported revenue of $30B, representing roughly half of all semi.

    The amount of US imports is quite funny also because USA places all values on the last country. As a result, China is responsible for the entire value of an iPhone though it only performed some low value assembly efforts.

    The end results are that many tech companies have a lot of cash sitting in Panama, Bermuda, Cayman Island etc to avoid paying USA taxes. This is why Trump changed the tax laws to get these money back.

    #1Floor 2018-11-21 17:23:29 Reply(0)
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