Sharing brief thoughts on Trump’s Taiwan gambit. I argue Trump’s approach, if acted on, would be a shift from deterrence to dealmaking in a domain where there is no deal to be made, beyond offering unilateral concessions that undermine US credibility.
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The administration of President Lai Ching-te fully recognizes TSMC’s central role in Taiwan’s survival, yet it has continued to defer to the company’s business decisions. https://t.co/GilbpXA0Fw