'Shut down the world': McCaul warns of global economic catastrophe if China invades Taiwan
Fox News
House Foreign Affairs Chairman Michael McCaul is warning of dire economic consequences for the entire world if China invades Taiwan.
"Everybody that has phones, cars – we have advanced weapons systems – everything's dependent on semiconductors and this island, over time, because we've offshored [manufacturing]…we put ourselves in a very vulnerable position by doing that. And the shutdown of what's happening here, semiconductors, would really shut down the world." Elizabeth Elkind is a politics reporter for Fox News Digital leading coverage of the House of Representatives. Previous digital bylines seen at Daily Mail and CBS News.
The senior Republican made the somber prediction after meeting with Taiwan’s president and foreign minister as part of the first U.S. delegation to sit down with the newly inaugurated officials. Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com
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