Any conflict across the Taiwan Strait would have a bigger impact on the global economy than World War Two, and the upcoming US-China summit is an opportunity to avoid miscalculations, the top US diplomat in Taipei said ↧ Conflict over Taiwan would be disastrous, de facto US ambassador says Any conflict across the Taiwan Strait would have a bigger impact on the global economy ‌than World War Two, and the upcoming U.S.-China summit is an opportunity to avoid miscalculations, the top U.S. diplomat in Taipei said on Wednesday.