It was a surprise ceremony at the White House presided over by President Donald Trump to unveil a $100 billion investment from what he called the world’s most powerful company, Taiwan Semiconductor Manufacturing Company (TSMC).

But nearly 8,000 miles away, the mood was far from celebratory. Instead, the shock announcement last week has reignited fears in Taiwan about losing its crown jewel, its world-beating semiconductor industry, to the US due to political pressure.

The island democracy’s former President Ma Ying-jeou wasted no time in accusing the ruling Democratic Progressive Party (DPP) of “selling TSMC” to Trump as a “protection fee.”

  • StoneyPicton@lemmy.ca
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    21 hours ago

    I hope there’s some security guarentees in the details.
    I don’t care about him getting a win. With this aggressive approach he’s going to do a lot of good things. There’s no doubt some of what he’s striving for is a valid target but his methods won’t make it a net positive.

    • gravitas_deficiency@sh.itjust.works
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      13 hours ago

      If you think any security guarantee made between orangeboi and anybody but Putin himself is worth more than the paper it’s written on, I’ve got a bridge in Brooklyn I wanna sell you.

    • forrgott@lemm.ee
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      16 hours ago

      The retarded Cheeto wouldn’t know how to do a good thing if God’s only son came down and personally instructed his dumb ass in what to do.

      • StoneyPicton@lemmy.ca
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        3 hours ago

        It’s a good thing to have control of your border and it’s a good thing to break up and deport criminal gangs. As always, his methods are moronic.