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Asia business correspondent on Donald Trump wanting Taiwan to pay the US for its defence

Author
Newstalk ZB,
Publish Date
Fri, 19 Jul 2024, 7:18pm
Trump at a 'victory rally' in Ohio (Getty Images)
Trump at a 'victory rally' in Ohio (Getty Images)

Asia business correspondent on Donald Trump wanting Taiwan to pay the US for its defence

Author
Newstalk ZB,
Publish Date
Fri, 19 Jul 2024, 7:18pm

Donald Trump believes Taiwan should be paying the US for its defence, as covered in an interview ahead of the Republican National Convention. 

He also claimed Taiwan took 100 percent of the US’s chip business, due to Taiwan’s huge investments into its local semiconductor manufacturing company TSMC – the world’s biggest chip foundry. 

But Asia business correspondent Peter Lewis says Taiwan already pays the US for its defence – and Taiwan is one of the largest markets for US defence companies. 

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