Technology Trump says Taiwan should pay for defence, sending TSMC stock down By Reuters July 17, 20243:25 PM GMT+8Updated an hour ago Taiwan Semiconductor Manufacturing Company's (TSMC) logo is seen while people attend the opening of the TSMC global R&D center in Hsinchu, Taiwan July 28, 2023. REUTERS/Ann Wang/File Photo Purchase Licensing Rights, opens new tab TAIPEI, July 17 (Reuters) - Taiwan should pay the U.S. for its defence as it does not give the country anything, Republican presidential candidate Donald Trump told Bloomberg Businessweek, sending shares of Taiwanese chip manufacturer TSMC (2330.TW), opens new tab lower on Wednesday. Soon Israel has to pay for defense too. How about South Korea & Japan? Are they paying enough? Definitely, the NATO members have to pay more. Who else must pay more?
Donald Trump signals he would not defend Taiwan from Chinese invasion Rozina Sabur Thu, 18 July 2024 Trump took to the stage displaying a bandage on his ear after the assassination attempt at the weekend - BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump has signalled the US would not defend Taiwan from a Chinese invasion under his presidency – because the country had grown rich by “stealing” US microchip production. ______________________________________________________ ie When Trump is the president again, that is a good time for China to take over Taiwan. ie Taiwan Index, TSMC .... will be very highly tradable. Make sure your war chest is well stocked. Soon China will be selling tons and tons of chips (from China, and from Taiwan Island, China) to the whole world. Of course, they wouldn't sell high end chips to the world. Similarly, Israel has grown rich from the support the US has given to them.
The irony is the CEO of TSMC is Taiwanese American. He started his business in SoCal but couldn't get funding or necessary skills to grow there so he moved to Taiwan.