Trump says Taiwan should pay the US for its defence as ‘it doesn’t give us anything’
Trump says Taiwan should pay the US for its defence as ‘it doesn’t give us anything’
Trumps brain is going to end up in a gemcutting exhibit so people can marvel at its profound smoothness
Oh nothing... its just $160B in trade the United States does, nothing much.
U.S. goods and services trade with Taiwan totaled an estimated $160.0 billion in 2022. Exports were $54.5 billion; imports were $105.5 billion. The U.S. goods and services trade deficit with Taiwan was $51.0 billion in 2022.
U.S. goods exports to Taiwan in 2022 were $44.2 billion, up 20.1 percent ($7.4 billion) from 2021 and up 82 percent from 2012. U.S. goods imports from Taiwan totaled $91.7 billion in 2022, up 19.1 percent ($14.7 billion) from 2021, and up 136 percent from 2012. U.S. exports to Taiwan account for 2.1 percent of overall U.S. exports in 2022. The U.S. goods trade deficit with Taiwan was $47.5 billion in 2022, a 18.1 percent increase ($7.3 billion) over 2021.
U.S. exports of services to Taiwan were an estimated $10.3 billion in 2022, 2.4 percent ($243 million) more than 2021, and 11 percent less than 2012 levels. U.S. imports of services from Taiwan were an estimated $13.8 billion in 2022, 38.8 percent ($3.9 billion) more than 2021, and 131 percent greater than 2012 levels. Leading services exports from the U.S. to Taiwan were in the intellectual property, transportation, and travel sectors. The United States had a services trade deficit of an estimated $3.5 billion with Taiwan in 2022, down 3802.1 percent from 2021.
U.S. foreign direct investment (FDI) in Taiwan (stock) was $16.7 billion in 2022, a 2.7 percent increase from 2021. U.S. direct investment in Taiwan is led by manufacturing, finance and insurance, and wholesale trade.
Taiwan's FDI in the United States (stock) was $16.1 billion in 2022, up 1.1 percent from 2021. Taiwan's direct investment in the U.S. is led by manufacturing, depository institutions, and wholesale trade.
The U.S. goods and services trade deficit with Taiwan was $51.0 billion in 2022.
That confirms the title.
Perhaps trump should pay for his secret service defence as he doesn't give america anything.
He is not smart to realize Taiwan’s strategic value. I hope no one tells him
This is the best summary I could come up with:
Donald Trump has said Taiwan should pay the US for protection from China, calling into question Washington’s support for the island democracy should he win back the White House in November’s presidential election.
In an interview with Bloomberg Businessweek on Tuesday, Trump was asked if he would defend Taiwan against China if he wins the US election in November.
TSMC is spending billions building new factories overseas, including $65bn on three plants in the US state of Arizona, though it says most manufacturing will remain in Taiwan.
Trump’s comments added to signs that the US approach to China could be hawkish – but potentially unpredictable – should he win in November.
Elsewhere in the interview the former president pledged that he would impose tariffs on China of between 60 and 100%, but that he would back down on banning the China-owned app, TikTok.
Trump’s newly announced running mate, JD Vance, told Fox News on Tuesday the US should be focused on China as its greatest security threat.
The original article contains 648 words, the summary contains 167 words. Saved 74%. I'm a bot and I'm open source!
I'M PRETTY SURE THEY MAKE ALL OF OUR MICROCHIPS???
Oh plenty of chips used in US come from mainland China, including military uses https://www.forbes.com/sites/erictegler/2024/01/09/americas-carriers-rely-on-chinese-chips-our-depleted-munitions-too/
well that's good. but the microchip industry is why we're protecting Taiwan for the most part, right? besides the whole having a foothold in the sea near China just to annoy them
So how much is the US going to start directly paying China for all the stuff they make?