TTB White LOGO TB
  • News
  • PC & Hardware
  • Mobiles
  • Gaming
  • Electronics
  • Gadget
  • Reviews
  • How To
Trending
Perplexity Debuts Comet, an AI Powered Web Browser
How YouTube Will Stop Low Quality AI‑Made Videos from Earning
Apple Account Card Comes to Seven More European Countries
iCloud Passwords Now Support Firefox Autofill on Windows 11
How to Use Reduce Interruptions Focus in iOS 18 for Fewer Alerts
Friday, Jul 11, 2025
The Tech BasicThe Tech Basic
Font ResizerAa
Search
  • News
  • PC & Hardware
  • Mobiles
  • Gaming
  • Electronics
  • Gadget
  • Reviews
  • How To
Follow US
Trump Says Taiwan 'Stole Chip Business' and Should Pay the US for Protection
The Tech Basic > News > Trump Says Taiwan ‘Stole Chip Business’ and Should Pay the US for Protection
News

Trump Says Taiwan ‘Stole Chip Business’ and Should Pay the US for Protection

Evelyn Blake
Last updated: 21 July 2024 16:56
Evelyn Blake
Share
SHARE

In an interview with Bloomberg this week, former US President Donald Trump suggested that if he returns to office, he might alter the US relationship with Taiwan.

Trump believes that Taiwan should pay the US for the defense it provides against China, likening the arrangement to a type of insurance policy.

Please follow us on Twitter and Facebook

Additionally, the former president criticized Taiwan, saying it “stole” the United States’ semiconductor business and called the current White House policy on the issue “stupid.”

“I know these people very well and respect them a lot. They took almost 100% of our chip business. I think Taiwan should pay us for its defense,”

Trump said.

Trump also stated that the United States has made a mistake by investing in chip production in Taiwan, as the island has benefited at the expense of American companies.

Trump Says Taiwan 'Stole Chip Business' and Should Pay the US for Protection (1)
Trump: The former president may change US policy towards Taiwan, which could impact the global chip market, as TSMC is the main producer of semiconductors.

Trump’s comments have raised concerns among several tech giants, as Taiwan produces about two-thirds of the world’s most advanced chips (66%), while the US produces only 6%.

Additionally, TSMC has been making rapid progress in producing chips at 3nm, 2nm, and even 1nm, which has increased Chinese interest in the island. In response, Taiwan’s prime minister said that the local government has “done its part” in defense efforts.

During his first term, Trump pressured TSMC to build factories in the US, which had some success. However, despite the new facilities, the most advanced chips still come from Taiwan.

Share This Article
Facebook Reddit Copy Link Print
Share
Evelyn Blake
By Evelyn Blake
Follow:
Evelyn Blake is an investor in technology and journalist who has been in the nascent space since 2014. Her love and passion for technological innovations made her delve deeper into the world of technology evolution. As a journalist, Evelyn has been covering latest trends and emerging gadgetries. She is a philanthropist and human rights activist.

Let's Connect

FacebookLike
XFollow
PinterestPin
InstagramFollow
Google NewsFollow
FlipboardFollow

Popular Posts

Perplexity

Perplexity Debuts Comet, an AI Powered Web Browser

Salman Akhtar
YouTube

How YouTube Will Stop Low Quality AI‑Made Videos from Earning

Salman Akhtar
Apple Account Card

Apple Account Card Comes to Seven More European Countries

Salman Akhtar
iCloud Passwords

iCloud Passwords Now Support Firefox Autofill on Windows 11

Salman Akhtar

You Might Also Like

Grok AI
BlogNews

Grok AI Faces Backlash for New Antisemitic Tirades

Google Maps
News

How to Use Google Maps on Your Garmin Watch for Hands‑Free Directions

Apple
News

How Apple Dialed Down Liquid Glass Transparency in Latest Beta

Apple AI Assistant
News

Inside Apple’s AI Assistant for Its Support App That Learns to Help

Social Networks

Facebook-f Twitter Instagram Pinterest Rss

Company

  • About Us
  • Our Team
  • Contact Us

Policies

  • Disclaimer
  • Privacy Policy
  • Cookies Policy
Latest
Stop Accidental Voice Messages in Messages by Turning Off Raise to Listen
Meta Secures Apple’s Top AI Expert with Multi Million Package
Clear Your Gmail Inbox with the New Manage Subscriptions Feature
iPhone 17 Air Could Arrive in a Pale Blue Finish That Looks White in Low Light
TikTok US App Launch: New Version Required by March 2026

© 2024 The Tech Basic INC. 700 – 2 Park Avenue New York, NY.

TTB White LOGO TB
Follow US
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?