United States president Trump accused of charging $100 billion 'protection fee' to the 'most powerful company in the world'

byCherriton David -
0

 US President, Donald Trump has been accused of charging 'the world's most powerful company' a $100billion fee in exchange for 'protection.'

 


Earlier this month, Trump celebrated the $100billion investment from Taiwan Semiconductor Manufacturing Company during a surprise White House ceremony.  He boasted that it would create thousands of jobs for Americans in the state of Arizona.

But Taiwan's former President Ma Ying-jeou blasted the deal this week, accusing the ruling Democratic Progressive Party (DPP) of 'selling TSMC' to Trump as a 'protection fee.'

According to Mail Online, Ma described the deal as 'a major national security crisis' which will have 'a negative impact on the confidence of the Chinese people... and Taiwan's future geopolitical position.'


He accused the current government of bowing down to US requests for investment in the hopes that it will result in protection as they 'continue to fight for Taiwan independence outside and internally.'

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Cherriton David

I am a Doctorate degree holder of Mass Communication from the University of Benin. I love engaging myself in entertainment, politics and all trending news around the world. I am a movie addict and a die-hard Arsenal fan.

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