Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
The Mujahideen Movement: The two were killed along with dozens of others from their family in a cowardly Zionist assassination that targeted the Sabra neighborhood today
The Palestinian Mujahideen Movement mourns the martyrdom of its Secretary-General, Asaad Attiya Abu Sharia "Abu Al-Sheikh", along with his brother Ahmad
Abu Zaid: I believe that the Iranian operation was multi-layered, combining cyber and electronic attacks with coordinated on-the-ground infiltrations by agents
Abu Zaid: Usually, archives of such sensitivity are typically protected by a full-scale security system, but it appears that Iranian intelligence managed to make use of a gap in it
Strategic military expert Nidal Abu Zaid: Iran has stripped "Israel" of the superiority and deterrence long boasted by its security minister, chief of staff, and other top officials
Fallahpour: Iran may use these documents in its battle with the United States and Western countries over its nuclear program
Fallahpour: Iran may have obtained additional documents related to "Israel's" regional projects, not just its nuclear program
Fallahpour: The coming weeks will be full of surprises, as Iran has forced Israeli intelligence agencies into a state of psychological exhaustion
Al Mayadeen's correspondent in Tehran, Siavash Fallahpour: Iran has redefined the concept of deterrence, shifting it away from traditional military balance toward a new strategic framework
Sources to Al Mayadeen: Number of documents so great that merely studying them, along with accompanying images and footage will require a great deal of time.

Taiwan 'stole our chip business', 'should pay for defense': Trump

  • By Al Mayadeen English
  • Source: Bloomberg + Financial Times
  • 17 Jul 2024 22:51
4 Min Read

Taiwan purchases virtually all of its weaponry from the US through government-negotiated foreign military sales, making it one of the most important markets for American defense contractors.

Listen
  • x
  • Trump calls for Taiwan to ‘pay’ for its own defense: FT
    Former President Donald Trump attends a hearing in New York City, on March 25, 2024. (AFP)

Former US President Donald Trump announced that Taiwan should pay the US for its defense guarantees, causing concern in the island on Wednesday.

After accusing Taiwan of "stealing our chip business" in a Bloomberg interview, shares of Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest chipmaker by sales, fell 2.4%.

Trump further elaborated in the interview that Taiwan "doesn't give us anything" and should "pay the US for defense."

Taiwan purchases virtually all of its weaponry from the US through government-negotiated foreign military sales, making it one of the most important markets for American defense contractors. Over the last year, Congress has also passed legislation authorizing some military aid.

Taiwan's Premier Cho Jung-tai responded on Wednesday, stating that Taipei and Washington intend to improve their relations in the future. "Making such efforts and wishing them the best is all we can do," he said.

He cited Taiwan's recent steps to reinforce its defenses, such as consistent increases in the military budget and the reinstatement of year-long conscription for men, and stated that the government was eager to go further.

Cho did, however, emphasize the significance of international support. The US's defense cooperation and regular professions of support "have made Taiwan an even more determined member of the global community with common responsibility for regional peace and stability," he added.

The US has long pledged to assist the island in case of a confrontation with China, which views the island as part of the country. 

Related News

Macron to visit Greenland, backing European sovereignty

Trump confirms split with Elon Musk amid Democrat funding threat

President Joe Biden has consistently confirmed the US' commitment to safeguarding Taiwan, even stating that the country will deploy troops to this end. However, Trump has previously questioned US connections to Taiwan, stating in a Bloomberg interview that it would be "very, very difficult" for the US to defend Taiwan from what he called a Chinese "invasion".

“They took almost 100% of our chip industry, I give them credit . . . Now we’re giving them billions of dollars to build new chips in our country, and then they’re going to . . . bring it back to their country,” Trump stated.

China suspends arms control talks with US over arming Taiwan

China announced Wednesday that it stopped important arms control and non-proliferation negotiations with the United States, accusing Washington of continuing military supplies to Taiwan.

Lin Jian, a spokesperson for the Chinese Foreign Ministry, announced that the US continued to sell weapons to Taiwan despite Beijing's objections. The US actions had "severely damaged the political atmosphere necessary for continued arms control consultations between the two sides," he said.

During a press briefing today, Lin announced that "China has decided to suspend talks with the US on holding a new round of arms control and non-proliferation consultations," adding that "the responsibility for this situation lies entirely with the US," directly accusing Washington for the interruption of discussions.

China was eager to continue communicating with the US on the subject but only if "the US respects China's core interests and creates the necessary conditions for dialogue and exchange between the two sides," he added.

China and the US started negotiations on weapons control and nuclear nonproliferation less than a year ago. According to the Chinese Foreign Ministry, the two nations met for the first time in four years in Washington in November and agreed on the necessity of maintaining such contact under circumstances of respect and confidence.

In June, the Pentagon's Defense Security Cooperation Agency confirmed the State Department's possible sale of  $360 million worth of drones and missiles to Taiwan.

Beijing strongly opposed the US arms sales to Taiwan, criticizing Washington for aiding what it perceives as efforts to promote "Taiwan independence" through military strengthening. China also resolutely opposes the US interference in Taiwan affairs in any way or under any pretext.

Last month, Reuters reported that China imposed countermeasures on Lockheed Martin's relevant entities and senior executives over arms sales to Taiwan.

  • Taiwan
  • United States
  • Donald Trump
  • The Financial Times

Most Read

Lebanon's PM Nawaf Salam meets with US envoy Morgan Ortagus in Beirut on April 5, 2025 (Dalati Nohra via AP)AP)

Morgan Ortagus to exit US role in Lebanon amid policy shift

  • Politics
  • 1 Jun 2025
A Palestinian woman mourns as she embraces the body of her daughter Mayar Abu Odeh, 8, who was killed in an Israeli army strike on Gaza. at Al-Shifa Hospital in Gaza City, Wednesday, June 4, 2025. (AP)

French port workers block arms shipment to 'Israel' amid Gaza genocide

  • Politics
  • 4 Jun 2025
New Syrian group claims Golan strike, vows resistance to 'Israel'

New Syrian group claims Golan strike, vows resistance to 'Israel'

  • Politics
  • 4 Jun 2025
Palestinians struggle to get donated food at a community kitchen in Khan Younis, southern Gaza Strip, Monday, June 2, 2025. (AP)

Boston Consulting Group withdraws from GHF

  • Palestine
  • 3 Jun 2025

Coverage

All
War on Gaza

Read Next

All
https://english.almayadeen.net/news/politics/pentagon-chief--nato-likely-to-back-trump-s-5--defence-spend
Politics

Europe spent $3 trillion on defense, but got little in return - FT

Power, parties, and scandal: Trump’s ties to Epstein: Telegraph
Europe

Power, parties, and scandal: Trump’s ties to Epstein - The Telegraph

Eilat port as seen from the sea, occupied Palestine, March 12 2009 (wikimedia commons)
Politics

YAF operations forced 80% plunge in Eilat port revenues in 2024

EU backs International Criminal Court after US sanctions judges
Europe

EU backs International Criminal Court after US sanctions judges

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS