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VisitWhat will be the outcome of Taiwan's defense funding negotiations by end of 2024?
Taiwan agrees to pay full defense costs • 25%
Taiwan agrees to pay partial defense costs • 25%
Taiwan refuses to pay any defense costs • 25%
No official agreement reached • 25%
Official statements from the Taiwanese government or U.S. government announcements
Trump, 'Mob Godfather,' Demands Taiwan Pay for Defense, Chip Stocks Tumble
Jul 17, 2024, 01:00 PM
Former U.S. President Donald Trump has demanded that Taiwan pay for its defense, a statement that has significant implications for U.S.-Taiwan relations and the ongoing Taiwan Strait dispute. Trump, referred to as a 'mob godfather' by some, accused Taiwan of taking American semiconductor technology and business, and suggested that Taiwan should bear the financial burden of its own defense against China. This stance has caused unease among U.S. allies and has led to a decline in chip stocks on Wall Street, with stocks tumbling. Trump's comments have highlighted the complexities of U.S. foreign policy in the region, especially considering Taiwan's willingness to increase its defense spending, which has often been hampered by U.S. reluctance to sell weapons. The remarks have also emboldened China, further complicating the geopolitical landscape.
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Increase by less than 5% • 25%
Increase by 5-10% • 25%
Increase by more than 10% • 25%
No increase • 25%
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
0-5% • 25%
5-10% • 25%
10-15% • 25%
More than 15% • 25%
Increased military exercises • 33%
Increased defense budget • 33%
New defense agreements with other countries • 33%
US support • 25%
EU support • 25%
China condemnation • 25%
No significant response • 25%
Sales proceed without change • 25%
Sales are reduced • 25%
Sales are canceled • 25%
Sales are delayed • 25%
Proceed as planned • 25%
Delayed • 25%
Reduced • 25%
Cancelled • 25%
Significantly increased defense capabilities • 33%
Moderately increased defense capabilities • 33%
No significant change in defense capabilities • 33%
Yes • 50%
No • 50%
Increase in Defense Spending • 25%
New Defense Alliances • 25%
Strengthening Domestic Military Capabilities • 25%
No Significant Change • 25%
Yes • 50%
No • 50%
Stocks remain stable (0-10% decrease) • 25%
Stocks significantly decrease (more than 10%) • 25%
Stocks significantly increase (more than 10%) • 25%
Stocks moderately increase (0-10%) • 25%