US president Trump accused of charging $100 billion ‘protection fee’ to the ‘most powerful company in the world’
US President, Donald Trump has been accused of charging ‘the world’s most powerful company’ a $100billion fee in exchange for ‘protection.’
Earlier this month, Trump celebrated the $100billion investment from Taiwan Semiconductor Manufacturing Company during a surprise White House ceremony. He boasted that it would create thousands of jobs for Americans in the state of Arizona.
But Taiwan’s former President Ma Ying-jeou blasted the deal this week, accusing the ruling Democratic Progressive Party (DPP) of ‘selling TSMC’ to Trump as a ‘protection fee.’
According to Mail Online, Ma described the deal as ‘a major national security crisis’ which will have ‘a negative impact on the confidence of the Chinese people… and Taiwan’s future geopolitical position.’
He accused the current government of bowing down to US requests for investment in the hopes that it will result in protection as they ‘continue to fight for Taiwan independence outside and internally.’
Taiwan is facing a more serious crisis. Three years after the Russian-Ukrainian war, Ukraine’s situation is obvious to all; now there are rumors that the United States is going to cut off all military aid to Ukraine.’
He said there are legitimate concerns that ‘Ukraine today, Taiwan tomorrow’ will become a reality, in which after Ukraine is defeated by Russia, China will feel emboldened to target Taiwan.
‘Don’t forget, USA President Trump is a businessman,’ he said.
‘All interests come first. Is it enough to sell a TSMC? What else to sell after?’
Ma called on the DPP to ‘protect TSMC’ due to its ‘national security strategic importance. Anti-China cannot protect Taiwan.’
China’s Community Party has long claimed Taiwan is part of its territory, vowing to take control of the island by conducting military exercises in waters near Taiwan and flying fighter jets through the skies.
