berg80
Diamond Member
- Oct 28, 2017
- 25,076
- 21,065
- 2,320
Trump says Taiwan should pay the U.S. for defense; shares of chip giant TSMC fall
Former U.S. President Donald Trump, who is vying for another White House mandate, said he thinks Taiwan should pay the U.S. for defense, claiming that the country “doesn’t give us anything.”
His comment was in response to a question on whether he would defend Taiwan against China, as part of an interview with Bloomberg Businessweek published on Tuesday.
Beijing considers democratically governed Taiwan as a part of its territory, and Chinese President Xi Jinping has previously said reunification with the mainland was “a historical inevitability.”
Trump said “Taiwan should pay us for defense.”
“You know, we’re no different than an insurance company. Taiwan doesn’t give us anything,” he added.
Trump appeared to link his comments to Taiwan’s semiconductor industry, which is one of the most advanced in the world.
″[Taiwan] did take about 100% of our chip business,” Trump said.
It's hard to know whether Don acting like a mob boss asking for protection money is due to ignorance (Taiwan plays a supporting role primarily by providing manufacturing services for US chip companies who still dominate in terms of intellectual property), or his affection for totalitarian leaders like Xi.
Maybe he's trying to make people forget about the failure of his much ballyhooed deal to bring Foxconn to the US after Biden's successful deal with Taiwan Semiconductor.
One wonders if behind closed doors JD will express his opinion, revealed in a recent interview, that the US should make it as hard as possible for China to take Taiwan. But heck, that was in May. Seeing as Vance's opinion of trump went from "America's Hitler" and being "cultural heroin" to his BFF with all the answers to America's problems, even though you could put trump's true understanding of the world on the head of a pin, there's no doubt about his support for the stable genius.
Is the country really prepared for another ride on a chaotic merry-go-round with this guy at the helm?
Trump's trade war on China was a failure in every possible way

Trump's trade war on China was a failure in every possible way
China isn't even close to fulfilling its end of the deal.

Trump's proposed blanket tariffs would risk a global trade war
Examining Donald Trump’s Chapter 11 Bankruptcies
| ABI
