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Title: It was a surprise ceremony at the White House presided over by President Donald Trump to unveil a $100 billion investment from what he called the world’s most powerful company, Taiwan Semiconductor Manufacturing Company (TSMC). But nearly 8,000 miles away, the mood was far from celebratory. Instead
Source: CNN via Yahoo
URL Source: https://www.yahoo.com/news/fear-res ... d-most-powerful-220052463.html
Published: Mar 13, 2025
Author: John Liu and Wayne Chang, CNN
Post Date: 2025-03-13 20:16:13 by Dakmar
Keywords: None
Views: 383
Comments: 2

It was a surprise ceremony at the White House presided over by President Donald Trump to unveil a $100 billion investment from what he called the world’s most powerful company, Taiwan Semiconductor Manufacturing Company (TSMC).

But nearly 8,000 miles away, the mood was far from celebratory. Instead, the shock announcement last week has reignited fears in Taiwan about losing its crown jewel, its world-beating semiconductor industry, to the US due to political pressure.

The island democracy’s former President Ma Ying-jeou wasted no time in accusing the ruling Democratic Progressive Party (DPP) of “selling TSMC” to Trump as a “protection fee.”

“This is a major national security crisis,” Ma, a member of the opposition Kuomintang (KMT), wrote on his Facebook page on March 4, shortly after the White House signing ceremony. It will “’have a significant negative impact on people’s confidence, cross-strait relations and Taiwan’s future geopolitical position.”

To reassure the public, Taiwan President Lai Ching-te appeared alongside TSMC CEO CC Wei last week at Taipei’s presidential office, saying the company’s US investment would not undermine its commitment to and planned expansion in its home base.


Poster Comment:

While I have some very deep philosophic and/or moral disagreements with Trump, I appreciate his swing for the bleachers approach to...almost everything.

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#1. To: All (#0)

Title is

Fear and resignation after ‘world’s most powerful company’ pays Trump a $100 billion ‘protection fee’

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2025-03-13   20:18:28 ET  Reply   Trace   Private Reply  


#2. To: Dakmar (#1)

There are 2 parties in Taiwan. One wants to fight Red China, a foolish move. One wants to accept a status similar to Hong Kong. Trump is collecting foreign investments, a few trillion dollars by now. All that industrialization helps balance our trade and protect the value of the dollar.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2025-03-13   22:52:34 ET  Reply   Trace   Private Reply  


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