FOX Enterprise’ Lydia Hu spoke with Taiwan’s ambassador to the US about President Donald Trump’s potential $40 billion arms deal, rising China tensions and why Taiwan says U.S. ties are crucial to world stability.
As President Donald Trump weighs a $14 billion arms sale to Taiwan, communication between Taipei and Washington stays ongoing, based on Alexander Yui, Taiwan’s Consultant to the U.S.
“It is a fixed factor,” Yui mentioned. “It is an ongoing dialogue. It is not simply if it does not occur, it ends. It is only a continuum of issues.”
Taiwan can also be growing its personal protection spending. Lawmakers lately authorized a supplemental protection package deal price roughly $25 billion, although Taiwanese President Lai Ching-te had pushed for nearer to $40 billion.
TRUMP’S TAIWAN ‘NEGOTIATING CHIP’ REMARK SPARKS ALARM OVER HOW FAR HE’D SHIFT US-CHINA POLICY
Home Speaker Mike Johnson, R-La., proper, greets Alexander Yui, Taiwan’s consultant to the U.S., earlier than a gathering within the U.S. Capitol on Tuesday, Jan. 9, 2024. (Tom Williams/CQ-Roll Name, Inc by way of Getty Photos)
“My authorities is doing what it could possibly,” Yui mentioned. “However once more, I wish to stress the dedication of the Taiwanese folks to defend ourselves via our personal means and assist from some other ally is greater than welcome.”
Yui argued semiconductor manufacturing is likely one of the clearest causes the U.S. ought to proceed supporting Taiwan militarily. Taiwan produces roughly 90% of the world’s superior semiconductor chips, forming what he described as a deeply interconnected world provide chain.
The Taipei 101 constructing and different buildings are illuminated at nightfall in Taipei, Taiwan. (I-Hwa Cheng/Bloomberg by way of Getty Photos)
CHINA PROMISES ‘COUNTERMEASURES’ TO US ARMS SALE TO TAIWAN
“The USA is superb at designing the chips, and we’re superb at scaling and fabricating the chips utilizing machines from the USA, from the Netherlands, from Japan,” Yui mentioned. “This triangle of partnership works very nicely.”
TAIWAN RAMPS UP COAST GUARD AND MILITARY READINESS IN FACE OF BEIJING’S ‘GRAY ZONE’ WARFARE
Taiwan has additionally pledged to speculate $250 billion in semiconductor and know-how manufacturing within the U.S. as Trump pushes to develop home chip manufacturing.
“It is not that straightforward. However we’re making an attempt to carry manufacturing to the USA once more, as a result of it additionally fits our curiosity to develop our manufacturing,” mentioned Yui.
Taiwan has additionally pledged to speculate $250 billion in semiconductor and know-how manufacturing within the U.S. (Lyu Bin/VCG by way of Getty Photos)
CLICK HERE TO GET FOX BUSINESS ON THE GO
Yui additionally pushed again on any suggestion that Taiwan is shifting towards independence, saying the island’s authorities is engaged on sustaining the established order.
“There isn’t any Taiwan independence motion in Taiwan as a result of there isn’t a want. We in Taiwan [are] known as Republic of China, we’re already a sovereign, unbiased nation,” Yui mentioned. “We’re simply making an attempt to protect the established order as it’s.”
