Taiwan rejects U.S. proposal for ’50-50′ chip production, says trade talks focused on tariffs
"Taiwan will not accept Washington’s proposal to locally manufacture half the chips it currently supplies to the U.S., the island’s top trade negotiator said.
Speaking to reporters, Cheng Li-chiun, also the country’s vice premier, said on Wednesday that the proposal for a “50-50” split in semiconductor production was not even discussed, as she returned from trade talks in the U.S., according to Taiwan’s Central News Agency."
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"Lutnick’s proposal has been condemned by Taiwan’s politicians, with Eric Chu, chairman of the island’s principal opposition party Kuomintang, calling it “an act of exploitation and plunder,” according to the Central News Agency report.
“No one can sell out Taiwan or TSMC, and no one can undermine Taiwan’s silicon shield,” Chu said, referring to Taiwan Semiconductor Manufacturing Company, the world’s leader in advanced chip manufacturing.
Taiwan’s critical position in global chips production is believed to have assured the island nation’s defense against direct military action from China, often referred to as the “Silicon Shield” theory."
Taiwan rejects U.S. proposal for ’50-50′ chip production, says trade talks focused on tariffs
"Taiwan will not accept Washington’s proposal to locally manufacture half the chips it currently supplies to the U.S., the island’s top trade negotiator said.
Speaking to reporters, Cheng Li-chiun, also the country’s vice premier, said on Wednesday that the proposal for a “50-50” split in semiconductor production was not even discussed, as she returned from trade talks in the U.S., according to Taiwan’s Central News Agency."
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"Lutnick’s proposal has been condemned by Taiwan’s politicians, with Eric Chu, chairman of the island’s principal opposition party Kuomintang, calling it “an act of exploitation and plunder,” according to the Central News Agency report.
“No one can sell out Taiwan or TSMC, and no one can undermine Taiwan’s silicon shield,” Chu said, referring to Taiwan Semiconductor Manufacturing Company, the world’s leader in advanced chip manufacturing.
Taiwan’s critical position in global chips production is believed to have assured the island nation’s defense against direct military action from China, often referred to as the “Silicon Shield” theory."
We’ll see about that. It’s not like we don’t have some leverage. If not, the Chinese will get them…
Least surprising story ever: Zelensky's close allies -- his ministers of health and energy -- forced to resign over $100 million embezzlement scheme.
When @RandPaul tried to require oversight on US billions going to Kiev, Mitch McConnell and others called him a Russian agent.🇺🇦 https://t.co/kd4V7JR2Ue
🚨 BREAKING: Kristi Noem is issuing $10,000 BONUS CHECKS to TSA agents who didn’t call out sick during the shutdown
MUCH deserved.
I spoke with agents in Portland who were true patriots and were DETERMINED to keep doing their jobs — even not knowing they’d get back pay. pic.twitter.com/CuYUNkIQKn
🚨 BREAKING: Kristi Noem is issuing $10,000 BONUS CHECKS to TSA agents who didn’t call out sick during the shutdown
MUCH deserved.
I spoke with agents in Portland who were true patriots and were DETERMINED to keep doing their jobs — even not knowing they’d get back pay. pic.twitter.com/CuYUNkIQKn
Israel seeks 20-year military aid deal with U.S. with "America First" tweaks
"Israel is seeking a new 20-year security agreement with the U.S. — doubling the usual term and adding "America First" provisions to win the Trump administration's support, Israeli and U.S. officials tell Axios.
While the past agreement promised Israel around $4 billion per year in military aid, and Israel is likely to seek at least that much going forward, passing such a deal will now be more complicated because of growing frustrations with Israel, including within Trump's MAGA base."
Eliyahu Weinstein, a convicted Ponzi schemer whose 24-year sentence was commuted by President Trump in 2021, has now been sentenced to 37 years in prison for a NEW $41 million fraud scheme targeting more than 150 investors. pic.twitter.com/aoiVj8eiih
Eliyahu Weinstein, a convicted Ponzi schemer whose 24-year sentence was commuted by President Trump in 2021, has now been sentenced to 37 years in prison for a NEW $41 million fraud scheme targeting more than 150 investors. pic.twitter.com/aoiVj8eiih
