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Real America’s Voice
TRUMP & ENTOURAGEMEET WITH XI JINPING | HUMAN EVENTS DAILY W JACK POSOBIEC
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- [00:00]
Ambassador Yu of Taiwan
This is an iHeart podcast.
- [00:02]
Jack Posobiec
Guaranteed Human.
- [00:04]
Mood.com Advertiser
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- [01:03]
Ambassador Yu of Taiwan
make it right at home.
- [01:05]
Mood.com Advertiser
Find your next favorite dish on TikTok.
- [01:14]
Jack Posobiec
This is what happens when the fourth turning meets fifth generation warfare.
- [01:24]
Ambassador Yu of Taiwan
Commentator, international social media sensation and former Navy intelligence veteran.
- [01:29]
Jack Posobiec
This is Human Events with your host, Jack Posobec. Christ is king. But your conclusion is that changing from the scientific consensus of it being from a lab to a neutral position by the CIA was significantly influenced by Anthony Fauci. It was significantly influenced by Anthony Fauci's injecting himself into the IC. As of August 12th, the CIA was
- [01:56]
Chris Chappell
considering calling this a lab leak.
- [01:57]
Jack Posobiec
August 12th of 2021. In April, inflation rose 3.8% year over year. That's the highest level in nearly three years. It was up 0.6% month over month. Federal agents are arresting people in that string of FBI raids across Virginia. This is all connected to an influential Democrat in the Commonwealth of Virginia, State Senator Luis Lucas. They are at her office executing warrants as part of a major corruption probe.
- [02:27]
Mood.com Advertiser
Tonight, sources tell ABC News the Justice Department is investigating $2.6 billion of suspiciously timed oil trades tied to the Iran war. In at least four cases, oil traders bet prices would drop right before they actually did. Investigators now probing whether they'd received inside information.
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Jack Posobiec
President Trump arriving in China to meet President Xi Jinping. The trip was originally intended to Talk Trade and AI Tech. CEOs Elon Musk, Tim Cook and others
- [02:57]
Ambassador Yu of Taiwan
are among the business leaders on the trip.
- [02:59]
Jack Posobiec
But overshadowing the summit, the war in Iran we're going to have a long talk about it. China buys more Iranian oil than any other country. Trump is expected to urge Xi to pressure Iran into reopening the Strait of Hormuz. The question will be, what does she want in return?
- [03:16]
Chris Chappell
I mean, this is the first time we've had a US President visiting China nearly, in nearly a decade, right? And President Trump was the last one to make this trip back, kid, back in 2017.
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Ambassador Yu of Taiwan
So this is, this is fairly momentous.
- [03:27]
Chris Chappell
Just the mere fact of the trip actually happening.
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Jack Posobiec
Ladies and gentlemen, welcome aboard today's edition of Human Events Daily. We're here live real America's voice. Today is May 13, 2026. Anno Domini. Very honored here on the program that in just a few minutes, Human Events will be joined by Ambassador Yu of Taiwan. He will be joining us as President Trump has just landed in Beijing for his, what we've called the Beijing showdown between President Trump and Chairman Xi Jinping of the Chinese Communist Party, the head of the United States of America and the head of the People's Republic of China. So much hangs in the balance, not just for the world, not just for the stakes with Iran and whether or not China will help bring leverage to an Iran deal or to the Iran situation, but also the economic rebalancing that President Trump is working on vis a vis China itself and the entire system of globalism. This is key because with that, President Trump is able to work to bring those manufacturing jobs back to American shores. This has been President Trump's key and sole sticking point since he came down that escalator 10 years ago. Almost, actually 11 years ago, now that I think about it, the stakes couldn't be higher, like I said, and they also couldn't be higher for Taiwan. When we look at the global role of Taiwan. Taiwan currently produces 60% of the global semiconductors in terms of revenue and over 90% of the world's advanced chips. We're talking the 7 nanometer, especially the 3 and 2 nanometer, and below. This is TSMC, the world leader. And the United States has that key relationship with Taiwan. But the CCP wants those chips. They want to be able to leapfrog us in AI. They don't have any restrictions whatsoever about data centers. They don't have any restrictions when it comes to human rights or slave labor or any of these things. And so there's real questions as to what does this mean for the U.S. s commitment to support the people of Taiwan, the freedom people of Taiwan. And let's not forget that Taiwan only exists because Communists handed over Beijing and all of China to the Chinese Communist Party after World War II. This was a deal that was made in back rooms backrooms in Yalta when FDR was disease addled and Soviet agents were working to make these deals with Stalin. Then when the Soviets took Manchuria, the industrial base of the Japanese Imperial army, they handed over the arms to the Chinese Communists and Marshall stood down. General Marshall stood down and did not aid Chiang Kai Shek. So where did Chiang Kai Shek and the Nationalists flee? That's right, Taiwan. And ever since then, the Republic of China, the original government of China, the rightful government not just of the island of Taiwan, but of all of China, has existed in a limbo state where the status quo has always been one of strategic ambiguity when it comes to the United States. Whereas the US recognizes and has recognized the ccp, thanks to Jimmy Carter, this is a situation where the US has not dropped those arms sales to Taiwan, including 11.5 billion, the largest arms sale to Taiwan ever signed by President Trump just last December. When we talk about freedom, when we talk about democracy, when we talk about Western economic might, Taiwan is key as well as being key to a potential future future Asian NATO. Right back, Jack Bosovic, the Ambassador, Taiwan. Just a few moments.
- [08:10]
Mood.com Advertiser
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- [09:01]
Jack Posobiec
Nothing will stand in our way. And our golden age has just begun. This is Human Events with Jack Posober. Now it's time for everyone to understand what America first truly means. Welcome to the second American Revolution. All right, folks, Jack Rasobic. We're back live here, Human Events Daily. Real America's voice. And as promised, we are very honored to have Ambassador Yu of Taiwan joining us here on the program. Mr. Ambassador.
- [09:35]
Ambassador Yu of Taiwan
Hello Jack. Thank you for having me on your, your program Human Events Today.
- [09:41]
Jack Posobiec
Thank you. And I'd just like to say on behalf of myself and the American audience here, We are very excited to have you here and of course to be with you and show and express our support for your efforts and our support for the people of Taiwan.
- [10:10]
Ambassador Yu of Taiwan
Thank you Jackie. And especially appreciate you doing it in Mandarin, the language that I try English spoken. But thank you. Very appreciative.
- [10:19]
Jack Posobiec
Well, I'm still working on my English as well.
- [10:23]
Ambassador Yu of Taiwan
So am I. So am I.
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Jack Posobiec
So. So tell us, as President Trump sits down with Xi Jinping with the leader of the Chinese Communist Party, the leader of the prc, so many people have been asking about the role of Taiwan. What is Taiwan's message and view of this summit from the 30,000 foot level?
- [10:49]
Ambassador Yu of Taiwan
Well look, you just mentioned before commercials about Taiwan status, you know that after that for many years Taiwan sort of we've been internationally in the limbo, you know, we sort of like cease to exist. We were outcast and we're, we were sort of like nobody noticed us. We were the kid not only not playing the game, not in the field where we actually outside of the fence looking at other people playing the game and but we were like Hogwarts, you know in, in Harry Potter, you know, like we're there but we're not there. But things have changed the last few years, especially after Covid, you know with the when people notice that the semiconductors are mainly made in Taiwan and that we are a force for good, especially in the values that we cherish that like minded partners like United States and Taiwan and other democratic countries. At the same time Taiwan has become an important partner with the United States not only in the geopolitical aspect of being on the front line of defense of democracy in the first island chain, but also becoming an important relevant trading partner, technological partner and trusted partner, part of the supply chain, non risk supply chain of the United States. So that has taken into consideration. So when President Trump and Xi Jinping meet today at the other side of the world, the Chinese have already mentioned that they will mention Taiwan, that Taiwan is part of the issue that they want to talk with President Trump including arms sales and other things. But I think President Trump will make decisions obviously based what is best on United States interest. America first. I get it, we get it. But I trust and I think that the well being of Taiwan being a free democratic sovereign entity as it is today is to the interest of The United States to continue having Taiwan the way it is, which is the status quo that we are all saying that we should keep. That nobody should try to change the status quo of the Taiwan Straits for the benefit of peace, stability, especially not under economic coercion or military coercion and which is beneficial to all at stake between including Taiwan, United States, even China and Japan, etc.
- [13:23]
Jack Posobiec
Well, I think that's exactly right. The status quo is best for everyone when it comes to the role economically. This has been a huge issue for Taiwan because China has worked through so many of the international organizations to really try to block Taiwan from having access to trade and even access to foreign direct investment through these international organizations. But it's really because of the miracle of the semiconductor industry. This has given Taiwan the a specific strategic advantage, I believe in the world market even beyond all of this pressure coming from prc.
- [14:03]
Ambassador Yu of Taiwan
Sure. You mentioned about the isolation that Taiwan is facing international organizations. Well, the British monarchs were visiting United States a couple of weeks ago, not long ago. But when they were visiting, I was thinking that my president, President Lai Chinta was also planning to visit our diplomatic ally in Africa, the Kingdom of Issatini. But he was prevented from doing so at the last moment when his charter plane over flight rights through three African countries, mainly Seychelles, Mauritius and Madagascar. They revoked the overfly rights for the fir, which is flight information region of these three countries, making his charter plane impossible to fly to reach Africa. But my president after a few days made it anyways. And that's the spirit of Taiwan. We don't give up. We are resilient. We always try to achieve what we want to do. It's sort of like the US can do spirit. And that's the winning spirit that the Taiwanese people have. And that's why TSMC in Taiwan is so successful because of that can do and not giving enough spirit. We were very resilient. So likewise international organizations, we've been forced to leave most international organizations. For example, we were forced to leave the very first, the very same organization we helped to create, which is the World Health Organization. We've been out of it since 1971. But we don't give up. And nowadays in many, many scores of world rankings in health care, Taiwan ranks as number one in universal healthcare. So that's, you know, that's why although we're isolated, we don't give up on the commercial aspect. Believe it or not, little Taiwan, we're the size of Maryland, about a third of Virginia. But we, starting from last year, we have become United States fourth largest trading partner. Only your neighbors Canada, Mexico and China do more trade than we do. Between us. Between us. Also since last year we have exported more goods to United States than China has to the United States. Imagine that's unbelievable. Also another data that I want to share with the audience is 12 years ago 85% of our foreign direct investment was going to China because that's where all our manufacturing bases were. The factories were in China. 12 years ago. Two years ago that FDI to China came down to 7%. Last year it was less than 4% and this year even lower. Where is that FDI from Taiwan going? Two years ago, 40% of our FDI was coming to United States. So this transformation from Taiwan centered where most of the advanced chips are made physically in Taiwan. Our our factories are also expanding into United States. The high end manufacturing from TSMC in Arizona in Phoenix, it's a project worth $165 billion and probably growing. And that is to expand our manufacturing footprint not only from Taiwan, but also to United States to manufacture the very high end chips that is needed for the AI revolution, which is ongoing.
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Jack Posobiec
And this is something that President Trump worked on so closely in his first term, something that even when President Biden was in, he continued the deal that President Trump had set in stone. When you look at the CEOs, Jensen Huang and Elon Musk and so many others who have gone over, how does Taiwan view this meeting of all of the CEOs, Silicon Valley headed over to Beijing?
- [18:15]
Ambassador Yu of Taiwan
Well, I think first of all, the fact that both leaders are meeting from the United States and PRC are meeting, it's a good thing. It's two big powers for them to meet and dissuade any possible misunderstandings, to foster goodwill and bring some peace, stability on the issues that are occurring nowadays, such as Iran, such as Ukraine, such as even Taiwan, et cetera, it's a good thing that many business leaders have been invited by President Trump to go along with him to Beijing. Well, I think it's a natural thing that presidents, when they, when they travel to other countries, they invite large business delegations to travel with them so that they can foster mutual trade relations. I think a lot of talk has been done being done on US China trade relationships, on expert controls on the issue about chips, et cetera. So I think that's a good occasion to talk amongst each other and bring some more stable interactions between United States and China in terms of trade, in terms of investments and other things.
- [19:37]
Jack Posobiec
Well, that's exactly right. And President Trump understands that as well. And while there's been so many talk about this relationship, I think it's in, in the general understanding that there isn't going to be a severing of the relationship. But really what I would hope, and I think a lot of people in the US Are saying, is that we get a recalibration where Taiwan is brought more into the relationship, as you say, bumped all the way to number four. But also that it's better for American workers as well.
- [20:08]
Ambassador Yu of Taiwan
Yes, indeed. Well, one thing that President Trump did when his first term, which is important and has been ongoing ever since, and followed by President Biden and into this second administration, but also by other countries in Europe, etcetera, that is when People's Republic of China was allowed to join the World Trade Organization. And I think back in 2001, PRC entered, became a member on the notion that they were going to follow some reforms that they pledged that they were into open markets, they're going to respect certain rules and regulations, including intellectual property.
- [20:45]
Jack Posobiec
And those rules, those rules were never followed. Mr. Ambassador, one moment, if, if we may. We'll be right back in one second.
- [21:01]
Mood.com Advertiser
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- [21:51]
Jack Posobiec
They talk about influencers. These are influencers and they're friends of mine. Jack, where's Jack? Jack?
- [22:01]
Ambassador Yu of Taiwan
He's got a great job.
- [22:06]
Jack Posobiec
All right, folks, Jack Posobic, we are back here, Human Events Daily. And we are on with Ambassador Yu of Taiwan. And Mr. Ambassador, if, if you, if I may, sorry about getting cut off. Please finish your comment that you were just making right before the break.
- [22:25]
Ambassador Yu of Taiwan
Well, I was saying that the PRC, when they joined the WTO in 2001, they promised to do all these reforms, open markets, you know, just be one of the players, as we all do, in following trade rules, as we all do. But they didn't, they didn't follow the rules, but they gained all the benefits of open markets that we did open to them, and they gain all the benefits. They reaped the profits, gained a lot of money. They became the export markets of the world. But at the same time, they use that money to engage in the largest peacetime military build up in, in recent memory. History, human history. They have no threats to their borders, but yet they're expanding their military to, to accomplish what Xi Jinping says is the Chinese dream to be the number one power in the world. And United States is getting in the way, unfortunately. But so at this juncture, when what President Trump did in his first term was he told the Chinese, look, you guys are not playing fair. You should follow the rules, do what we all do, even the playing field, otherwise I will impose tariffs and sanctions on you. And that's what he did. That was the start of the commercial war between China and the United States back then, and it was followed since. And what they're doing right now in the United States and PRC is continuing with this series of negotiations so that hopefully China can heed and play the rules as it should be.
- [24:10]
Jack Posobiec
I think that's exactly right. And now speaking of playing by the rules, one of the countries that we know that President Trump has really been focused on in terms of playing by the rules is Iran. And this comes to the question of the Iran crisis, the oil crisis and energy crisis that the world is now embarked in. And a real question as will the PRC come in and put leverage on Iran? And now, of course, many questions as to whether or not they will seek status or status change vis a vis Taiwan in terms of any such deal. Do you, have you heard these comments? And looking at the situation, how does Taiwan view this?
- [24:53]
Ambassador Yu of Taiwan
Look, the Iran, Iran crisis right now is straight up a move is closed because of what's happening there by the Iranians closing the strait. It's causing a lot of disruptions in world trade and world economies. So not only United States, Taiwan, we're all facing some issues with energy, with rising prices in commodities, etc. But we're not the only ones. PRC, China is also suffering the same thing. Again, they're the ones who consume a lot of the energy from that region especially, I think they're number one users of Iranian oil, et cetera. So they have a lot at stake also. So when President Trump and Xi Jinping meet. I think the Iran issue is not only many people think that it's United States trying to convince or ask China to do something about Iran. I think the Chinese themselves want the Iran debacle to be crisis to be to end as quickly as possible. As for Taiwan, obviously we are affected also but as because of our issue with mainland China for many decades. Again the Chinese aggression on Taiwan didn't just start now a few days a few years ago when, when the the dpp, you know, the party, the current ruling party became the partying government. This has continued for 70, almost 77 years when the PRC became a country back in Beijing. They've been trying to get Taiwan ever since. But what I'm trying to say is this is this affects everyone Taiwan we have a strategic reserve, you know, to counter a crisis with China if it happens. But, but we hopefully we hope that the Iran crisis will end as quickly as possible also. But at the same time there's been saying about with you know, the actions that United States engaged on Iran and Venezuela, will, will it give Xi Jinping a green light to act against Taiwan similarly because this, you know, if you can do this, I can do this to other you can do it to Taiwan. Actually I see the other way around. I think Xi Jinping has looked at what United States is doing in Venezuela and Iran and other parts of the world and they've realized the United States is willing to use all instruments, all resources available to accomplish your goals and your troops, your forces are battle tested, have a lot of experience, your weapons also and they have to have a hard look at what he's trying to do if he ever tries to do something against Taiwan or the or entire Indo Pacific region. So it's a warning to Xi jinping
- [27:44]
Jack Posobiec
actually and Mr. That's an excellent point. Mr. Ambassador is also going to ask and just off of that, how do you view the military relationship between the US And Taiwan under President Trump?
- [27:59]
Ambassador Yu of Taiwan
Well, you United States has based on the Power Relations act that was enacted in 1979, you know, United States is bound by this law to has to provide sellers sufficient arms to measure it to the threat that we're receiving. And as People Republic of China has increased its aggression against Taiwan the last, last few.
- [28:34]
Jack Posobiec
Oh guys, I think we may, I think we may have lost the ambassador there but we will let's, let's guys, I see that we're about a minute till break. Let's see if we can work on getting him back up. I'd like to formally say thank you for being on the program here. But folks, you just saw the ambassador to Taiwan and he talked about, very interestingly, we got into the Strait of Hormuz. We, we also talked about Venezuela and we talked about the Iran situation in, in a wider context. And that's a photo of me right there, by the way, on patrol 2016 in the Taiwan Strait back when I was in the Navy. And he said that those are viewed potentially as a warning to Xi Jinping to not mess with Taiwan and the status quo because US Troops and the US Military are battle tested and this president is willing to use them. Very strong words from the ambassador. We'll see if we can get him back up just to be able to conclude our interview. Very honored, once again for Human Events to have him. I'll be right back here. Real America's Voice.
- [29:52]
Mood.com Advertiser
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- [30:42]
Jack Posobiec
And Jack, where's Jack? Where's Jack? Where is he? Jack, I want to see you. Great job, Jack. Thank you. What a job you do. You know, we have an incredible thing. We're always talking about the fake news and the bad, but we have guys, and these are the guys who'd be getting policies. All right, Jack. We are back live here, Human Events Daily, Real America's Voice. Folks, you know, I've been telling you, you got to pay attention to what's happening with the dollar. The debt stuff, central banks, it's all piling up. And when things get rocky, gold has always been the safe haven. But now gold is not just offensive, it's an offensive asset. It's already over $5,000 an ounce. And silver is over 110. That's why I've been working with my partners at Allegiance Gold for the past three years. They help you protect your savings and retirement with real physical gold and silver, not paper promises. And right now, Allegiance Gold is making it even better. They'll donate 1% of qualified investments from my audience and to Turning Point USA or another great America first organization, in addition to the 1% you already qualify for, so you can protect your wealth and support the movement at the same time. If you've been waiting for a sign, this is it. Don't overthink it. Don't wait until it's too late. See what's going on with Gold today. Give them a call, 844-577-7676 or visit protect with poso.com that's 844-57-7776 protectwithpost.com Protect your future and stand with me fighting for America. All right, guys, double checking here. All right. We are still working on getting the ambassador back up. Love to be able to say just, just to say thank you for joining us and everything that he's doing because it was a great interview and if that doesn't work, we'll have to get him on in person or something like that. But you know, it was just a great, you know, great be able chance to sit down and to receive him here on the program so that you guys could hear directly from the Taiwan side and in fact to hear perhaps an unvarnished or should I say uncensored view from Taiwan. Well, there is someone who can help us to view China uncensored is in fact the host of China Uncensored. Chris Chappell joins us now. What's up, Chris?
- [32:59]
Chris Chappell
Hey, that was a good intro.
- [33:02]
Jack Posobiec
I'd like to segue, though. Like that was a good segue, right? You know, a little segue every once in a while.
- [33:10]
Chris Chappell
I appreciate that.
- [33:10]
Jack Posobiec
Yeah. Yeah.
- [33:11]
Chris Chappell
I mean, this is, this is an exciting time to see Trump going back to China first, first time US President. They didn't ever have Biden over there, I don't think. So. This is, this is big. This is new.
- [33:23]
Jack Posobiec
Well, this is, this the, last I checked, this is the first time there has been a US President. So Trump and Xi met in, in South Korea since he became president again. But this is the first time that a US President has returned to China since COVID And I look at it through the frame of that, through the lens of that and the fact that we've never really gotten that level of what I would say is I mean, reparations, we've never really had accountability for that. You've got a guy out on up with Rand Paul today from the CIA saying that, hey, the CIA worked with Dr. Fauci to, to, to ban and block this. You know, the fact that this came out of the Wuhan lab. And you know, I'm just going to say my opinion, it probably was something that was designed, you know, potentially look, Looking for use as a, as a weapon or something like that. What do you think role that the events of COVID 19 sort of play in resetting this relationship? Because obviously, you know, there's trillions of dollars at stake.
- [34:28]
Chris Chappell
Oh, yeah, well, I just wanna, I just wanna lead with one. The thing that amuses me the most about this meeting is, is, you know, about the thing with Rubio, right? How Rubio, they, they put sanctions on him. They banned him from coming to China for either something he. A bill he introduced about the Uyghurs or the Falun Gong organ harvesting. So he was banned from China. Trump says, hey, I'm gonna bring in. I'm bringing little Marco with me. And then they have to cave. What they did was they changed like a single char in Rubio's name to get around the, the ban on him. It's just a perfect troll again.
- [35:06]
Jack Posobiec
No, it wasn't Marco Rubio who was banned. It was Marco Dubio. We met Marco Dubio. You guys know him.
- [35:13]
Chris Chappell
Guy. It's totally different. But yes, I just, I just.
- [35:17]
Jack Posobiec
By the way, that does show you that's, that's classic. The classic Chinese pragmatism right there.
- [35:24]
Chris Chappell
They know how to get around their own laws. So. All right, so. So real question. What, what, what was the real question? How things are different now post Covid.
- [35:33]
Jack Posobiec
Well, I mean, does. Do you think Covid is hanging over this meeting? Because honestly, I'll just say that as looking at it from the outside and, you know, having the context that I do, I don't see it as playing the role that I really think that it should be. And I think it's something that a lot of us, you know, going into it really should bring up more because this was something that happened that was absolutely horrific. And I'm sorry, but I'm never going to forget those videos of the Chinese students, the foreign students coming in and buying up all of the masks. And you remember all of the, all that stuff. And they were being told to by the embassies and being told to by these United Front workgroup organizations over and over that we're going to screw over the Americans. And I mean, that was just one facet of it. But that to me showed intense. Yeah.
- [36:22]
Chris Chappell
To me, the scariest thing about the whole Covid thing is just how little accountability there was on so many levels and seems to have just been kind of swept under the rug. Nobody wants to think about it, nobody wants to talk about it. And we've, we're just putting that whole period behind us and just moving forward and looking at what's happening in the meeting. I mean, nothing has happened yet, so we can't, we can only speculate. But it seems like that is not really on the table of anything everyone's focused on. I think the big story is Trump bringing all these CEOs with him and what kind of deals are going to come out of it. And the fact that we're here again talking about making deals with, you know, the authoritarian communist regime that unleashed Covid on us, it's kind of mind boggling.
- [37:14]
Jack Posobiec
No, it certainly is. And by the way, folks, I'm told that we do have the ambassador back with us. So Chris, just hold that thought for a second. Mr. Ambassador, we have you back.
- [37:23]
Ambassador Yu of Taiwan
Yes, I know you were speaking with Chris. I watched his show, the podcast China Uncensored. So hi to him, Chris, also Chris Chapel.
- [37:31]
Jack Posobiec
All right, well, we'll have to, I'll make sure to connect you on after this. You can, we can get you up on China Uncensored as well because you're giving us the view of Taiwan Uncensored and Chris always helps us out with China. I'm sure you can work together. I just wanted to give you a chance to, to conclude your remarks and to thank you for joining us today here on Human Events.
- [37:52]
Ambassador Yu of Taiwan
Thank you. Thank you for having me. Well, we're talking about the security aspect of US And Taiwan relations. There is a Taiwan Relations act which was enacted in 1979, Law of the United States, which United States is bound to provide. Taiwan sell us sufficient arms for self defense to defend ourselves against aggression that we face primarily from prc. And US has been doing so throughout the years, including President Trump's first term and the current term. President Trump in his second term. He announced an $11 billion sale to Taiwan late last year. And we have been procuring additional defense budgets to try to cover that purchase and any other purchases that may come along in the near future. So that is going on very well. And at the same time, we're also doing our best to not only modernize, to improve our self defense capability, to do better with asymmetric warfare, as well as to improve our military readiness, our reserves, our whole society, resiliency in times of crisis. All of that is being done with some input from the United States and we appreciate all the effort that you are doing, not only government but also from Congress. We have a strong bipartisan, bicameral support from Congress which has enacted many bills that has included pro Taiwan bills or content to help Taiwan be stronger and better to defend ourselves against this neighbor that we have on the other side of the strait. But also I want to mention the bountiful work that we're doing with the United States in terms of trade, development and investment. January and February of this year we signed respectively a memorandum on investment and an agreement on reciprocal trade. Also, we also signed a mutual declaration on tax, silica and economic security where it has set the foundation for further investments into United States and opening up trade. As you know, in Phoenix, one of our companies, TSMC, is making an investment of over $165 billion just in one large campus to bring out high end manufacturing of semiconductors. But this recently Select USA event that just happened early May, Taiwanese delegation was one of the largest participating with 113 companies and 207 participants. Whereas there was announcement that there will be an additional $35 billion of investments from 20 Taiwanese companies flowing into United States as well as we also announced that our state owned petroleum companies signed a long term lease contract with one of your US companies called Cheniere for long term LNG.
- [41:13]
Jack Posobiec
Exactly.
- [41:14]
Ambassador Yu of Taiwan
Purchase, etc.
- [41:15]
Jack Posobiec
So that is the, the economic relationship is so strong. Mr. Ambassador, thank you. Thank you again. And we hope to have you back maybe in person here at Human Events.
- [41:25]
Chris Chappell
Thank you, Jack.
- [41:26]
Ambassador Yu of Taiwan
I would love to there. Thank you very much.
- [41:29]
Jack Posobiec
We'll do that maybe next time in Taiwan. We'll see. All right, right back Final segment with Chris Chappell of China Uncensored. We're going to call this the Jack Posobic Appreciation Hour. I can say confidently, I believe, I think Josh Shapiro would be the vice presidential nominee if it wasn't for Jack Bosobic. And that that is I think. All right, folks, Jack Paso, we're back Live Human Events Daily.
- [42:02]
Ambassador Yu of Taiwan
All right.
- [42:02]
Jack Posobiec
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- [43:13]
Chris Chappell
That's great. Yeah, I hope to have him on the show. I'd love to talk to him.
- [43:17]
Jack Posobiec
Happy to, happy to facilitate. I'll send over the, the contact info for, for his people. But you know, the fact of matter is, look, you got the Taiwanese delegation watching your guys stuff. This is really all about what I've said, the rise of brics. And what role does brics play in the international, in the international space. Because, you know, we saw with this Taiwan or the, excuse me, the Iranian toll out of the Strait of Hormuz. They're taking this thing in Chinese yuan. That is a proof, that is a proof of concept operation. They're trying to get the yuan as potentially maybe not the world reserve currency, but, but an alternate reserve currency. How do you see that as you look at this meeting that's taking shape here?
- [44:07]
Chris Chappell
I mean, that's a good question. The China trip can easily be like a Rorschach test for anyone, like depending on what you want to see happen, how you feel about Trump. You kind of see what you want to see. So it could be that, you know, the reason Trump is bringing all these CEOs with him is because he wants to kind of get under that alternative global economic model, get American companies more invested in China, which I think would be most likely a horrible mistake. But I mean, clearly Trump is going into this with a strong hand. Everything he's been doing internationally this year, from getting maduro, maduro to epic fury, really, like if you want to understand the ccp, watch a mob move movie. And that's what Trump is going in, meeting the dawn. The dawn is meeting the dawn of China. And he's got a strong hand. He knows he's got a strong economy. He's got the US Economy is Always strong. He's got a strong military. China is in a weakened position now because of its terrible economy, the real estate bubble blowing up. I feel like she is on the back foot. So Trump might be able to pull something off, but I just hope he doesn't go back to the old engagement school of let's do business with China, because there's no private business in China.
- [45:29]
Jack Posobiec
No, there isn't. And I think that's something he's cognizant of. And also, you know, you've got people like Stephen Miller and others over there. These are guys who remember what the COVID experience was like, and they're putting American interests first. There's no question. At the end of the day, do I think we're going to completely sever the relationship with China? China, you probably not, but ultimately, can we recalibrate it? So it's at the point where the trade imbalance is much more in, in our favor, or at least it's some kind of parity.
- [46:02]
Chris Chappell
I think the key to that would be an administration and American population that understands that China is not, you know, it wasn't what Bill Clinton sold to us of, you know, if we, you know, as long as we don't give them the back of our hands, if we, you know, get them rich, will become a democracy. We need to understand that the Chinese Communist Party is an existential threat to the United States and anything. What's the saying? You have to distrust and verify.
- [46:32]
Jack Posobiec
Yeah, exactly. And you know it. I love what you said about the mob mentality, because that's exactly what it is. You talk to the Taiwanese, you talk to Republic of China. That's a country that still has. And yes, I said country, that's a, that still has the, the idea of rule of law, that still idea that still idealizes contracts, that actually abides by them. That's someone who actually wants to work within the systems that we put together. When it comes to prc, when it comes to the Chinese Communist Party, they don't care what agreement they sign with Americans or any Westerners, because they are going to do whatever they want and they're going to tell you whatever they want up front. And I think that I do have to say, though, I do give credit to President Trump here, because I think he's probably the first president who's been very upfront about that.
- [47:23]
Chris Chappell
About wanting to manage some kind of business relationship with China, you mean?
- [47:28]
Jack Posobiec
No, no, no. Just calling them out on, on all of this crap. Calling them out on the fact that they don't actually want live up to the World Trade Center, World Trade Organization obligations that they're not willing to play by the rules. I mean, yeah, there's been politicians that have, like, paid lip service to it, but Trump's the only one who actually slapped tariffs on them.
- [47:47]
Chris Chappell
Yeah, I think this is an important point. It's really what's key to seeing what happens as a result of this meeting on China uncensored. We've talked about the, we call it the Trump distortion field, where basically, however you feel about Trump kind of taints your view of what he does. And so a lot of people I know get caught up in, you know, Trump will be like, oh, Xi Jinping's a great friend of mine. We got a great relationship. But then you got to see what he actually does. So I know throughout this whole meeting, we'll see, you know, the kind of poetry Trump is known for. But we have to actually see what concrete actions he and his administration take, because if people just get caught up in him saying, like, you know, something nice about Xi Jinping, but he's doing something to completely dismantle the PRC's grip on, you know, rare earths, for instance, you'll, you'll miss the bigger picture. So we really have to stay focused on what actually tangibly happens as a result of this meeting.
- [48:51]
Jack Posobiec
No, I agree with you. Do you think so? And last bit, on this Iran question, for China to potentially use leverage on Taiwan, or, excuse me, on, on Iran, do you think they're going to have to give up something that the US Is going to have to give up something like Taiwan status or something economically to get them to be willing to pick up, you know, pick up the phone and start calling the mullahs?
- [49:17]
Chris Chappell
That's a good question. The Taiwan is the Taiwan issue.
- [49:21]
Ambassador Yu of Taiwan
The.
- [49:22]
Chris Chappell
They put out on Twitter, like, that's one of their red lines that they absolutely do not want to went across. It's tricky because I think the US doesn't have to give them anything to get them to pressure Iran because the longer this goes on, I, I think it's going to be bad for China. And, you know, Xi Jinping, he's got so much on his plate. The economy is in horrible shape. He just sentenced two top former defense ministers to death, a suspended death sentence. But he's undergoing massive purges within his own military, I believe, because he discovered the whole thing is kind of a little bit of a paper tiger now with a lot of equipment that doesn't work.
- [50:03]
Ambassador Yu of Taiwan
Right.
- [50:04]
Chris Chappell
Because of corruption. So this is why I Say he's not on. He's not in a strong position coming into this meeting. He's going to put on a lot of smoke and mirrors to make it seem like it's not that case. But I think this is a uniquely. It's a unique historic time where the CCP is in a very weak position and the US is, Is holding a lot of the cards.
- [50:28]
Jack Posobiec
No, I think it's exactly right. And me like yourself, you know, we're going to be watching. So Human Events and War Room are actually going to be doing a special live broadcast later tonight and have to. Have to reach out to see if you're. If you're interested or are you guys doing anything over China uncensored tonight?
- [50:48]
Chris Chappell
We don't have any plans at the moment. So, yeah, reach out.
- [50:51]
Jack Posobiec
Well, if you're available, I will have my people get in touch with your people, but until then, tell people where they can go to get access to your incredible not just that podcast, but your entire slew of podcasts that you guys are doing all the time.
- [51:06]
Chris Chappell
Oh, great. Well, the best place to go is China Uncensored TV. That's our own website where it's free, free of YouTube censorship. Otherwise, you can go on YouTube and search China Uncensored. It might recommend China Ceiling fan or some other weird word, but.
- [51:24]
Jack Posobiec
Weird how? Weird how? YouTube doesn't want to put. And Google doesn't want to put the real China Uncensored front and center when you want to look for it. Ladies and gentlemen, as always, you have my permission to lay ashore.