Bloomberg Gives Preview of “Trumpnomics”; Taiwan Will Be Asked To Pay More For Defense if Trump is Elected

There has been a lot of concern in South Korea that a second Trump presidency would see him asking the ROK to pay more for the upkeep of U.S. forces, instead it appears Trump will be targeting Taiwan instead:

“Tariffs are great economically and good for negotiations. U.S. President Joe Biden’s policies to foster electric vehicles have only added to inflation with subsidies.”

Former President Donald Trump hinted in an interview with U.S. economic media Bloomberg Business Week that there will be an upheaval in overall economic and industrial policies if he takes power. The interview was held at the Mar-a-Lago resort in Florida at the end of June before the shooting, but it was relentless as if it had already been elected. In fact, attention is drawn to the disclosure of the sketch of “Trumpnomics.”

In an interview released on the 16th (local time), former President Trump said, “The interest rate should remain as it is until the economy recovers,” and stressed, “The interest rate level is high now, so (the Biden administration) may want to cut interest rates, but it should not be done before the election.”

Maeil Business Newspaper

Here is where Trump discusses Taiwan:

Former President Trump attacked Taiwan for taking the U.S. semiconductor industry and saying it should be returned as defense expenses. Asked if he would defend Taiwan against China, he replied, “Taiwan has taken the U.S. semiconductor industry, so I think it should pay us for defense.” Former President Trump said, “Taiwan gives us nothing. But the United States is giving them billions of dollars to get them to produce semiconductors in the United States,” he pointed out. 

You can read much more about Trumpnomics at the link.