Donald Trump is accused of charging 'the world's most powerful company' $ 100 billion in exchange for 'protection'.
Trump celebrated the $ 100 billion investment by Taiwan Semiconductor Manufacturing Company during a surprising ceremony of the White House earlier this month.
He stuffed that it would create thousands of jobs for Americans, mainly in the swing state of Arizona.
But the former president of Taiwan, Ma Ying-Jeou, destroyed the deal this week and accused the prevailing Democratic Progressive Party (DPP) of 'Selling TSMC' to Trump as a 'protection costs'.
Ma described the deal as “a major national security crisis” that “will have a negative influence on the confidence of the Chinese people … and the future geopolitical position of Taiwan.”
He accused the current government of bending American requests for investments in the hope that it will lead to protection, because they 'continue to fight for Taiwan independence outside and internal'.
'Taiwan is confronted with a more serious crisis. Three years after the Russian-Ukrainian war, the situation of Ukraine is clear to everyone; Now there are rumors that the United States will cut off all military aid to Ukraine. '
He said that there are legitimate concerns that 'Ukraine today, Taiwan Tomorrow', will become a reality, in which after Ukraine is defeated by Russia, China will feel encouraged to focus on Taiwan.
Trump celebrated the $ 100 billion investment of Taiwan Semiconductor Manufacturing Company during a surprising ceremony of the White House earlier this month
Taiwan's former President Ma Ying-Jeou destroyed the deal this week and accused the prevailing Democratic Progressive Party (DPP) of 'Selling TSMC' to Trump as a 'protection costs'.
“Don't forget, the US President Trump is a businessman,” he said.
'All interests come first. Is it enough to sell a TSMC? What else to sell? '
Ma called on the DPP to protect 'TSMC' because of the strategic importance of national security. Anti-China cannot protect Taiwan. '
The Chinese community party has long claimed that Taiwan is part of his territory and promises to take control of the island.
In recent years, Beijing has increased hostilities by performing military exercises in waters near Taiwan and flying fighter jets through the air.
To maintain his sovereignty, Taiwan has familiarized with military and political support from the United States.
But Trump's rhetoric suggests that support may not be guaranteed.
He has accused Taiwan of 'stealing' the semiconductor industry that it now strongly trusts – and on which this deal is based – and has also called on Taiwan to 'pay' for the protection it receives.
Ma called on the DPP to protect 'TSMC' because of the strategic importance of national security. Anti-China cannot protect Taiwan '
It will go to 'Building Five Cutting Edge Fabrication facilities', Trump said during an event of the White House flanked by TSMC's CEO, CC Wei (shown together)
When celebrating the investment agreement, Trump said that the chip-making giant will “at least” invest $ 100 billion in the United States.
It will build 'advanced' chip production facilities.
It was the newest Blockbuster Financial Plede by a private company since his return to the office in January.
The new investment of Taiwan Semiconductor Manufacturing CO is on top of their existing obligations of around $ 65 billion.
It goes to 'Building Five advanced manufacturing facilities,' Trump said during an event of the White House flanked by TSMC's CEO, CC Wei.
He added that much of the financing would be invested in the US state of Arizona, where TSMC – the world's largest chip maker – has already invested heavily and would create 'many thousands of' well -paid jobs.
