Trump Announces Direct Call with Taiwan President Amid Escalating US-China Tensions

The White House has announced that President Donald Trump plans to speak directly with Taiwan's President Lai Ching-te, a move that could have significant implications for US-China relations.

This call would be the first direct leader-to-leader communication between the two countries since Washington formally recognized Beijing in 1979. The move is being closely watched by analysts and traders as it could escalate tensions between the US and China.

Taiwan is home to TSMC, a leading chip manufacturer that produces over 90% of the world's most advanced chips, including those used in Bitcoin ASIC miners and high-end GPUs. Any disruption to Taiwan's semiconductor ecosystem could have significant implications for global chip supply and cryptocurrency markets.