Machado Presents Peace Prize to Trump, US-Taiwan Chip Deal, More
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What is the main topic discussed in this episode?
News When You Want It with Bloomberg News Now. I'm Doug Krisner. Venezuelan opposition leader Maria Corina Machado met today with President Trump at the White House, and she presented her Nobel Peace Prize to the president.
Why did Maria Corina Machado present a medal to President Trump?
Here is Machado speaking earlier to reporters.
I presented the president of the United States the medal 200 years ago, General Lafayette. gave Simon Bolivar a medal as a sign of the brotherhood between the United States, people of the United States and the people of Venezuela in their fight for freedom against tyranny.
That is Maria Carino Machado, the opposition leader of Venezuela. And she went on to say that Venezuelans are counting on President Trump for the country's freedom. The meeting comes as U.S. forces seized a sixth oil tanker near Venezuela earlier today. The U.S. and Taiwan have agreed to a trade deal. It will lower tariffs to 15 percent from the previous 20 percent, and U.S. tariffs on goods from Taiwan are now on par with both Japan and South Korea. Also, as a part of this deal, Taiwan semiconductor companies will make at least $250 billion in direct investments toward American energy and artificial intelligence operations. Here is Bloomberg's Michael Shepard.
What did Machado say about Venezuela's struggle for freedom?
It's been a top priority for officials there in Taipei, but also here in Washington, because Taiwan is such a crucial source of the chips that go into artificial intelligence and AI data centers across the U.S. and around the world. And they wanted to make sure they get this locked into place and that they can have some assurance that supply lines to the island are really in a good place.
That is Bloomberg's Michael Shepard. Now, this trade deal comes as Taiwan Semiconductor Manufacturing, the world's top maker of AI chips, released earnings today. And at the same time, Taiwan Semi earmarked a hefty increase in capital spending. Here is Bloomberg analyst Matthew Bloxham.
They're talking about $52 to $56 billion of capital spending in this coming year. That's about $6 to $10 billion, or 15 to 20 percent higher than the market was expecting, and a big step up year on year, over $10 billion up year on year.
That is Matthew Bloxham from Bloomberg Intelligence. President Trump has threatened to invoke the Insurrection Act as protests against federal immigration agents grow in Minnesota. Today on social media, Trump threatened to deploy U.S. military forces if politicians in Minnesota do not stop protesters from attacking ICE agents. These tensions continue after another federal officer-involved shooting. Here is Bloomberg's David Goura.
Last night around 7, a federal officer shot a man in the leg in Minneapolis. The Department of Homeland Security says that man, whom they've identified as a Venezuelan national who entered the U.S. without authorization, fled from a targeted traffic stop in his vehicle, crashed into a parked car, and then left the scene on foot. The scene then escalated. Some other folks got involved. The DHS says an officer tried to make an arrest. And then the officer fired defensive shots.
That is Bloomberg's David Gurra. Troops from NATO countries are arriving in Greenland to boost security. And this follows talks in Washington between Denmark, Greenland and the United States. Talks that highlighted disagreements over Greenland's future. Here is White House Press Secretary Caroline Leavitt.
The two sides agreed to really establish a working group of individuals who will continue to have technical talks on the acquisition of Greenland. Those talks will take place, I'm told, every two to three weeks. So this is a conversation the administration intends to keep having with the Danes and with the respected delegation from Greenland. But the president has made his priority quite clear. He wants the United States to acquire Greenland. He thinks it's in our best national security to do that.
How does the U.S. seizure of oil tankers near Venezuela affect relations?
That is White House Press Secretary Caroline Leavitt. Also today, French President Emmanuel Macron announced the deployment of French troops to Greenland. Germany is sending a reconnaissance team, and Denmark is also increasing its military presence on the island.
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:00–0:13
2
Why did Maria Corina Machado present a medal to President Trump?
0:13–1:22
3
What did Machado say about Venezuela's struggle for freedom?
1:22–4:03
4
How does the U.S. seizure of oil tankers near Venezuela affect relations?
4:03–4:36
5
What are the terms and significance of the U.S.-Taiwan chip trade deal?
4:36–5:27
Speakers
7 identifiedMore from Bloomberg News Now
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