Trump demands protection money from Taiwan

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gounion
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Joined: Sun Oct 24, 2021 4:59 pm

Trump demands protection money from Taiwan

Post by gounion »

This is the GOP candidate. https://www.cnn.com/2024/07/23/tech/tru ... id=ios_app
In an interview with Bloomberg Businessweek, the Republican presidential nominee repeated his assertion, first made last year, that the island democracy and US ally had taken “almost 100%” of the industry from the United States. “We should have never let that happen,” he added.

Except, it didn’t. Industry experts tell CNN that, far from stealing, Taiwan grew its own semiconductor industry organically through a combination of foresight, hard work and investment.

*snip*

“Taiwan should pay us for defense. You know, we’re no different than an insurance company. Taiwan doesn’t give us anything,” he said, while suggesting that the US would have difficulty defending the island because of its distance, stating “Taiwan is 9,500 miles away (from the US). It’s 68 miles away from China.”

Within Taiwan, Trump’s remarks are being compared to demands for a “protection fee.” It has caused unease about how the Republican presidential nominee,  if elected president, may affect ties with the US, the island’s most important security guarantor, at a time when the risk of China invading Taiwan looms ever larger.
Trump is far closer to a mob boss than a statesman. And the GOP has happily became the mob for him.

President Biden passed the CHIPs Act - which the GOP in both the House and Senate overwhelmingly voted AGAINST, which is jump-starting the semiconductor industry in America.

I recommend highly the book Chip War: The Fight for the World's Most Critical Technology by Chris Miller if you want to know the history of this most important industry. https://www.amazon.com/Chip-War-Worlds- ... 1982172002

Another reason the GOP should not be given the reigns of our government until they learn to grow up and stop acting like La Cosa Nostra.
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