This Coin Could Surge Like Bitcoin Did Back in 2013...

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

US lawmakers' bipartisan Taiwan visit signals support despite harsh words and tariffs from Trump

CHRISTOPHER BODEEN
April 17, 2025

TAIPEI, Taiwan (AP) -- Republican and Democratic lawmakers made their first trip to Taiwan under the new Trump administration a bipartisan one, aiming to show both Taiwan and China that U.S. support for Taiwan's defense remains broad, despite the harsh words and harsh tariffs President Donald Trump has had for the Taiwanese.

Taiwan's leaders so far in this week's trip by two Republican and one Democratic senators are messaging back just as hard, assuring the Republican U.S. administration that they have taken in Trump's complaints and are acting on them.

Many Asia-Pacific nations are eschewing the retaliatory criticism and tariffs of some of the U.S.'s European allies after Trump earlier this month slapped broad tariffs on many countries around the world, including a 32% one for Taiwan.

Despite that hit, conversations in Taiwan this week were "optimistic and forward-looking," Democratic Sen. Chris Coons said in Taipei. "And I'm optimistic that we're going to see a strong next chapter in U.S.-Taiwan relations."

That includes assurances from the Taiwanese that they are working fast to strike new trade and investment deals that suit the Trump administration, on top of the advanced-semiconductor giant's $100 billion investment this year alone in chip production in the U.S..

Taking all the lessons from Ukraine in its defense against Russia and criticism from Trump, Taiwan also says it is investing fast to make their military stronger, nimbler and less dependent on the U.S., as the island's strongest deterrent against China, the U.S. lawmakers said. That includes seeking investment with Americans on drone warfare.

Sens. Pete Ricketts and Coons, the ranking Republican and Democrat on the Senate Foreign Relations Committee's East Asia subcommittee, spoke ahead of scheduled talks Friday with President Lai Ching-te, Defense Minister Wellington Koo and national security adviser Joseph Wu. Republican Sen. Ted Budd also is on the trip.

The mission comes at a time that an economy-shaking trade war between the U.S. and China has some warning that China could strike out at Taiwan, a self-governed island with a vibrant democracy and the world's top production of the most advanced semiconductors. China claims Taiwan as its territory, to be retaken by force if necessary.

Trump has repeatedly accused Taiwan of "stealing" the United States' computer chip industry. His criticism of Taiwan, and his insistence last year that "Taiwan should pay us" for its defense, have heightened concern that the U.S., Taiwan's strongest military partner, might decide not to get too involved if China were ever to attack Taiwan.

The 32% tariffs on Taiwan included in Trump's sweeping new tariffs on trade partners this month surprised many Taiwanese, who thought that their government had shown itself a true ally to Washington.

"Look past the rhetoric and look at the action," Ricketts said, repeating a watchword of the Republicans on Trump's statements.

Ricketts cited the priority that Defense Secretary Pete Hegseth has placed on helping the Asia-Pacific secure itself against China. That included making the region one of the first he visited in office, Ricketts said.

Ricketts said Taiwan's leaders already had reached out to Commerce Secretary Howard Lutnick for negotiations, moving quickly in the 90-day pause that Trump announced before the United States starts enforcing the new tariffs on most countries.

Lai, Taiwan's president, has pledged to increase Taiwan's military spending to 3% of its gross domestic product, up from about 2.5%, bringing it up to nearly a fifth of its overall budget. Taiwan also is talking to Americans about partnerships in producing drones, part of taking a lesson from Ukraine in its defense against Russia in emphasizing fleet fighting forces working with portable Stingers, lawmakers said.

Taiwan's own defense industry is also producing advanced weapons from submarines to small arms and anti-air missiles.

"Of course, there is the possibility that Xi Jinping would decide that this is the right time for the Chinese Communist Party to take aggressive action," Coons said of the Chinese president.

"I think it's exactly the wrong thing for them to do," Coons said. "I think they would find a forceful and united response."

___

Knickmeyer reported from Washington.

Continue Reading...

Popular

Fortnite says its now offline on Apple's iOS around the world

NEW YORK (AP) — Fortnite says it's now unavailable on Apple's iOS globally because the tech giant blocked a bid to release the popular video game for iPhone users in the U.S. and Europe.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Automaker owned by Taiwan's Foxconn to make EVs for Japan's Mitsubishi Motors

Foxtron, an automaker partly owned by Taiwan iPhone manufacturer Hon Hai Technology Group, and Mitsubishi Motors of Japan said Wednesday they have agreed to develop an electric vehicle to be sold in Australia and New Zealand.

Energy Star, efficiency program that has steered consumer choice, targeted in cuts

An Environmental Protection Agency plan to eliminate its Energy Star offices would end a decades-old program that gave consumers a choice to buy environmentally friendly refrigerators, dishwashers and other electronics and save money on electric bills, consumer and environmental groups said.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Trump's Memecoin Dinner Event Sparks Impeachment Call From Democratic Senator, Says POTUS Is Selling Access To Those Who Enrich Him

Sen. Jon Ossoff (D-Ga.) called for President Donald Trump’s impeachment on Friday for rewarding investors in his Official Trump (CRYPTO: TRUMP) meme coin with a gala dinner.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Trump-Affiliated World Liberty Financial Defies Ethics Concerns, Raises $550 Million

WLFI, a Trump-run crypto venture, raised $550M from global investors but conflicts with Trump's presidency raise ethical concerns.

You Can Take a Stake in Elon's xAI Before June 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

Shiba Inu Burn Rate Skyrockets 2,094%: What Is Going On?

Shiba Inu (CRYPTO: SHIB) has seen a massive spike in burn activity and on-chain growth, fueling speculation of a

Gold's Historic Surge Unlocking Value in These Mining Stocks

Surging gold prices have amplified the profitability of global gold mining companies. Here are some stocks to consider.

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

Tens of thousands of Los Angeles County workers begin 2-day strike

LOS ANGELES (AP) — More than 50,000 Los Angeles county workers began a two-day strike Monday evening, closing libraries and disrupting administrative operations across the nation's most populous county.

US robot makers hope to beat China in humanoid race. Tariffs could affect their ambitions

BOSTON (AP) — weren't on the agenda of this week's Robotics Summit, where thousands of tech industry workers mingled with humanoid and other robot varieties and talked about how to build and sell a new generation of increasingly autonomous machines.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Is Norfolk Southern 'making it right' after Ohio derailment? New lawsuit adds to doubts

Norfolk Southern began making promises to East Palestine, Ohio, soon after its train in February 2023, saying it would after five tank cars of vinyl chloride were intentionally burned, sending up a huge black plume of smoke that spread more toxic chemicals over homes, schools and farms.

Donald Trump Set To Sign Landmark 'Take It Down Act' As Congress Targets Deepfake Images And Videos

President Donald Trump is expected to sign the bipartisan "Take It Down Act," making it a federal crime to publish nonconsensual deepfake pornography and requiring swift removal by online platforms.

What Nvidia's $500B Move Could Mean for the Next Tier of Builders - Ad

With big tech locking in supply, smaller players are left waiting. But one public company is building an edge: partnering inside NVIDIA's ecosystem and delivering real compute to real customers.

Trump Boots Mike Waltz As National Security Adviser, Taps Marco Rubio As Interim Replacement

Trump ousts national security adviser Mike Waltz amid internal tensions and a messaging scandal, naming him UN ambassador and replacing him temporarily with Secretary of State Marco Rubio.

Irish privacy watchdog hits TikTok with 530 million euro fine in China data transfer investigation

LONDON (AP) — European Union privacy watchdogs fined TikTok 530 million euros ($600 million) on Friday after a found that the video sharing app's data transfers to China breached strict data privacy rules in the EU.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Canadian Prime Minister Mark Carney will visit Trump at the White House on Tuesday

TORONTO (AP) — Canadian Prime Minister Mark Carney said Friday that he will visit U.S. President Donald Trump at the White House on Tuesday. The high-stakes meeting comes as Trump continues his trade war and annexation threats.

Super Micro Impacted By AI Server Delays And Nvidia Supply Limits, Analysts Lower Forecast

SMCI stock drops on weak Q3 results, analysts issue mixed ratings. Needham reinstates Buy rating with $39 PT, Wedbush neutral with $30 PT, JP Morgan lowers PT to $35. Company faces near-term headwinds but has strong long-term potential.

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse - Ad

One blockchain token sits at the heart of Washington's pro-crypto agenda. Institutions are loading up while it still trades at a discount. Here's how to get in for $3.

Elon Musk Isn't 'Completely Out' Of DOGE — He's Just In 'Maintenance Mode,' Says David Sacks: 'If He Doesn't, There's Gonna Be A Huge Backsliding'

President Donald Trump's AI and Crypto Czar, David Sacks, on The All-In Podcast, shared his perspective on Elon Musk's recent decision to reduce his time commitment to the Department of Government Efficiency (DOGE).

Asian shares are mostly higher after Wall St breaks its winning streak

Shares were mostly higher early Tuesday in Asia after benchmarks fell on Wall Street, snapping a nine-day winning streak.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Dogecoin Sees Spike In Bullish Long Bets Despite A 7% Weekly Drop: What's Next?

Dogecoin (CRYPTO: DOGE) may be in a corrective phase, but that hasn't deterred derivatives traders from amping up bullish bets on the meme coin.

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

Federal Reserve to face tough balancing act between fighting inflation and lifting growth

WASHINGTON (AP) — The Federal Reserve could keep its key rate unchanged for several more months as it seeks to evaluate the impact of President Donald Trump's on and , some economists say, even as the White House for a rate cut.

What Is Going On With Tesla Stock On Wednesday?

Tesla's China-made EV sales dropped 6% in April, exports to markets like Europe & China accounted for majority. Tesla faces competition from Chinese rivals, while expanding to India & Saudi Arabia. Q1 deliveries & production also down amid disruptions and weakening demand. Stock down 0.77%.

URGENT: Trump Could Buy 1,000,000 Bitcoins Tomorrow? - Ad

Leak from a closed-door White House meeting reveals the Trump team may buy up to 1 million Bitcoins-as soon as tomorrow . A special briefing reveals the #1 coin to buy now (not Bitcoin or Ethereum).

The EU seeks to halt Russian gas imports by the end of 2027 and ban new contracts already this year

BRUSSELS (AP) — The European Union should halt imports of Russian natural gas by the end of 2027 to deprive President Vladimir Putin of revenue that helps fuel his , the bloc’s executive branch said Tuesday.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service