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  • 00:00Cindy, you were covering this trip. What do we know about size agenda in the US? Yes. Hi. So Tony's present time one just landed us a few hours ago and in about 30 minutes or so, time will show up in her first public event on the U.S. soil. That's a dinner banquet. Raised a Taiwanese in New York and into you as prison. Tai will give a speech. And we are told that there will be other U.S. politicians joining the event to give the speech. But so far, her office has pink has keep the names of the details of the US, gets very secretive. And the reason why prison time always has to be so low key about this trip is that the U.S. and Taiwan don't really have official ties. And this isn't on the official visit of these Taiwanese presidents. And just hours before she got on the plane to the U.S., China has already won that. If Thai will have a meeting with U.S. House Speaker Kevin McCarthy, that would be a serious provocation. And China would definitely take measures to respond to that. So that's something we will keep a close eye on in the following days during her trip in the US and then up to the Central American. Cindy, in terms of business deals and tangibles, what are both sides hoping to achieve? Because we know that bringing the most sophisticated of chip makers from Taiwan to the US market is gonna be key for Biden. Yes, we know that U.S. President Joe Biden wants to attract the most fans. Chip makers from Taiwan to invest in the US, such as TSMC. But Taiwanese officials and companies have been pushing hard for an agreement from the US to eliminate the burden of double taxation, just as U.S. did with many other countries. So one of the biggest issue is that the US has informally recognized by one as a sovereign nation. So any kind of treaty that U.S. signed with Taiwan will further escalate the tension that U.S. and China already has. So that's going to be a big issue for the US government. If you think about how to attract the Taiwanese chip maker to invest in the US while at the same time not to escalate the tension it already has with China. So the US government certainly has to come up with some creative ways to deal with these issues. Just like just like President Thais visit to the US this time. This is also a creative arrangement that presents high expectations. B Was that the House Speaker McCarthy on the U.S. soil? Unlike last year when the then House Speaker, Nancy Pelosi visited Taiwan, and that led to a very strong reaction from China. So any creative arrangement I'm from the US, at least the Taiwanese government is going to reduce the tension with China and also satisfy the companies and officials need to eliminate the double taxation issue. At the same time, this is so interesting, at the same time, that's how you and is in the West. The foremost how in president minds or is the first former president of Taiwan to visit China? How do we read this visit, particularly the significance of going into the fact that we know that Beijing has been making these overtures ahead of the election next year? Exactly. President ties U.S. visit comes at a very critical time for Taiwan. It's not only because U.S. and China relations at the worst point in probably decades. It's also because Thailand is going to hold a very crucial presidential election in the coming January. This election will not only decide the future of Taiwan, but also could have significant implications to U.S., China and Taiwan relations going forward. So we would see that prison time is now just visiting us. That's her first overseas trip in over three years. And at the same time, we see the former Italian president mind your visiting China. And also another presidential hopeful. That's Terri Gore of Fast Cars Technology Group's founder is also visiting the US this week, overlapping ties with U.S. visit. So it's interesting to see whether a terrible withhold any briefing in the following days or dressing to tie or addressing to Taiwan. He is obviously trying to use the U.S. trip to China as a bargaining power, too, for the opposition party CAC t to nominate him for the presidential candidate. Whether he will succeed or not. It remains to be seen. And so that's something worth keeping an eye on in the following days.
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Taiwan’s President Arrives in New York

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  • Bloomberg Daybreak: Australia

March 29th, 2023, 11:21 PM GMT+0000

Taiwan’s President Tsai Ing-Wen has landed in New York for a stop over on her way to central America. Biden administration officials have tried to play down the trip, with China saying it would further damage ties between Washington and Beijing. Cindy Wang reports on Bloomberg Television. (Source: Bloomberg)


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