Taiwan envoy urges congressional action, warns of rising China threat after meeting lawmakers
Ambassador Alexander Tah-Ray Yui, Taipei's top representative in Washington, told Fox News Digital that he is encouraged that U.S. leaders recognize the urgent existential threat China poses, but emphasized the need to get weapons into the hands of the Taiwanese military more quickly and to address issues impeding two-way investment.
"We appreciate the United States prioritizing Taiwan and helping us strengthen our defense capabilities," Yui said. "We're cheering on more military commitments to the states and [a] joint effort to speed up the delivery of the products that we bought."
Yui called on the Senate to advance a stalled double taxation agreement, which has already cleared the House.
Robert Maginnis: 9 Signs Beijing's Taiwan Invasion May Be Imminent
"That's an important incentive for Taiwanese companies to come to the United States and invest – but also vice versa for U.S. companies to go to Taiwan," he said. "We are the only one of the large trading partners without this treatment, which is worrying for the whole country right now."
Read On The Fox News App
By a vote of 423 to 1, the House last Congress passed the United States-Taiwan Expedited Double-Tax Relief Act, legislation that prevents double taxation on cross-border investments.
The ambassador also offered a sobering assessment of China's increasingly belligerent posture in the Taiwan Strait and across the Indo-Pacific.
"We are concerned," Yui said. "The [People's Liberation] Army and Navy are increasing their activities around Taiwan, harassing our territorial waters and airspace. These provocations are constant."
While emphasizing that "we don't want war," he noted that the U.S. and regional partners have begun ramping up their own defenses, recognizing the threat.
'Coming For Us': Expert Sounds Alarm On Ccp's Mission To 'Kill Americans' After Fbi Makes Shocking Arrests
Rep. August Pfluger, who chairs the influential RSC, told Fox News Digital that the meeting was a show of solidarity with Taiwan's democratic government and a rebuke of China's authoritarian policies.
"China is an existential threat to Taiwan," said Pfluger, a Texas Republican. "The difference between mainland China and Taiwan is how they treat human life. Taiwan values openness. China suppresses free speech, targets groups like the Uyghur Muslims – it's deeply concerning."
The lunch meeting, attended by dozens of House Republicans, comes amid rising tensions in the region – but just as President Donald Trump announced a deal with Chinese President Xi Jinping to ease the trade war.
While Pfluger did not commit to further supplemental aid, he said he supports efforts by both nations to strengthen military readiness, including Taiwan's move to increase defense spending to 3% of GDP.
"It stands to reason that Taiwan increasing their own internal spending on defense, as well as the U.S. recapitalizing our Navy and Air and Space Forces, is vitally important," he said.
Asked what message Congress wants to send to the Taiwanese people, Pfluger was unequivocal:
"We stand by them – as an ally, as a trading partner, as a democracy facing tyranny just next door."
The conversation came at a time when U.S. military officials are warning China is readying for battle in the Indo-Pacific in an effort to "dominate" the region.
"Beijing is preparing for war in the Indo-Pacific as part of its broader strategy to dominate that region and then the world," Defense Secretary Pete Hegseth told Congress this week. He added that such an outcome could put the U.S. economy and its supply chains in a choke hold.
"China is undertaking a historic military buildup and actively rehearsing for an invasion of Taiwan," he said.
"These aggressive maneuvers are not routine exercises, they are rehearsals for a forced unification," Gen. Dan Caine, chairman of the Joint Chiefs of Staff, added in his own testimony.
Taiwan has recently renewed an effort to purge its ranks of Chinese sympathizers, indicting four people on Tuesday suspected of spying for China that had infiltrated the presidential office.
Two Chinese aircraft carriers spotted conducting operations in the Pacific demonstrated the country's "expansionist" aims, Taiwan Defense Minister Wellington Koo said Wednesday.
"Crossing from the first island chain into the second island chain sends a definite political message and their expansionist nature can be seen," he told reporters in Taipei.
The first island chain refers to the region from Japan to Taiwan and the Philippines to Borneo and the second island chain spreads farther into the Pacific, toward the U.S. territory of Guam.Original article source: Taiwan envoy urges congressional action, warns of rising China threat after meeting lawmakers
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
18 minutes ago
- Yahoo
Top Analyst Calls UnitedHealth a 'Top Pick' Ahead of Earnings
July 22 - UnitedHealth Group (NYSE:UNH) has tumbled roughly 42% year?to?date, driven by rising Medicare Advantage costs, a surprise CEO exit, withdrawn guidance and a Department of Justice probe. However, ahead of its July 29 Q2 earnings, Bernstein analyst Lance Wilkes tapped UNH as a 'Top Pick,' saying the pullback creates an attractive entry point. He noted the stock trades at about 13.5 times forward earnings, below its ten?year average. Warning! GuruFocus has detected 4 Warning Sign with UNH. Wilkes cut his 2025 EPS estimate by 10% to reflect reserve strengthening and cost pressures in individual and Medicaid segments, plus a cleanup of OptumHealth risk contracts. Yet he projects earnings per share could double by 2029, implying a 19% compound annual growth rate. The analyst expects cost normalization to begin in Medicaid in Q3 and in Medicare Advantage in early 2026 as utilization patterns stabilize. He also highlighted a hardening pricing environment for government managed?care plans as a margin tailwind. Is UNH Stock a Buy? Based on the one year price targets offered by 24 analysts, the average target price for UnitedHealth Group Inc is $375.46 with a high estimate of $677.00 and a low estimate of $270.00. The average target implies a upside of +33.08% from the current price of $282.14. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18 minutes ago
- Yahoo
3 Money Moves the Middle Class Should Make After the Passing of Trump's ‘Big Beautiful Bill'
President Donald Trump's 'Big Beautiful Bill' finally cleared the House and the Senate and was signed by the president on July 4. The bill has several policies that could impact the middle class. Making some money moves and preparing for the new changes can help you save money and grow your portfolio. Read Next: Check Out: Here are some of the top money moves the middle class should make. Also see how much the definition of middle class has changed in every state. Capitalize on Clean Energy Credits Now The bill is cycling out of energy credits, which affect electric vehicles, solar panels and other clean energy sources. Chad Gammon, CFP, owner of Custom Fit Financial, suggested making clean energy purchases before the deadline if you've been holding out. 'If you are considering any upgrades, now would be the time to do it. Some credits, such as electric vehicles, are available until September 30, 2025. Other credits, like the residential clean energy credit, will end on December 31, 2025. This can help if you anticipate higher energy bills in the years to come, and reputable installers can assist with an estimated payback period,' he said. Be Aware: Open a 'Trump Account' A 'Trump account' can give your child a head start with investing money and accumulating wealth. Gammon highlighted the promising opportunity while encouraging people to monitor how it will work before investing additional money. 'If you have a child in 2025, I'd look into opening a 'Trump account.' The federal government will give $1,000 as a starter contribution. There are options to contribute further. I'd wait for more details on that, but would set it up for the initial $1,000,' he said. Children who are born between 2025 and 2028 are eligible for a $1,000 deposit, per CNBC. The money in the account will be invested in a fund that tracks the U.S. stock market, the outlet reported. Plan Your Taxes The bill can reduce your tax burden, especially if you use the standard deduction. Gammon explained how the new bill can add more money to your wallet. 'I would also look at your estimated 2025 taxes and adjust withholdings, if needed. The standard deductions moved for [couples who are married and filing jointly] from $30,000 to $31,500, or if you are single, it went from $15,000 to $15,750. This could lower your tax liability, where you can adjust your withholdings on your W-4 and free up extra monthly cash,' he said. Seniors can also get a boosted tax deduction thanks to the bill. Seniors who are 65 or older can get an additional $6,000 tax deduction if their modified adjusted gross income is below $75,000. Married couples filing jointly can capitalize on the additional tax deduction if their combined modified adjusted gross income is below $150,000. This additional tax deduction for seniors currently applies for the tax years 2025 to 2028. Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 These Cars May Seem Expensive, but They Rarely Need Repairs 7 Things You'll Be Happy You Downsized in Retirement This article originally appeared on 3 Money Moves the Middle Class Should Make After the Passing of Trump's 'Big Beautiful Bill' Sign in to access your portfolio
Yahoo
18 minutes ago
- Yahoo
Woodward completes acquisition of Safran's NA electromechanical business
Woodward (WWD) has completed its acquisition of Safran's Electronics & Defense electromechanical actuation business based in the United States, Mexico, and acquisition, first announced in December 2024, includes intellectual property, operations assets, talent, and long-term customer agreements, including those for Horizontal Stabilizer Trim Actuation systems for aircraft stabilization to support safe and efficient flight, notably used for the Airbus A350. The A350 HSTA, a key product within the acquired portfolio, represents one of the most advanced electromechanical control technologies in large commercial aviation. The transaction also includes other electromechanical products and electronic control units with a portfolio of commercial and business aircraft applications. Teams will now work to ensure the integration process supports an efficient transition for team members and for customers. This acquisition was made in the ordinary course of business. It is not financially material, and therefore the financial terms of the transaction are not disclosed at this time. Additional information, if any, will be disclosed in upcoming periodic reports, in compliance with applicable rules. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on WWD: Disclaimer & DisclosureReport an Issue Woodward price target raised to $294 from $267 at Truist Woodward price target raised to $320 from $291 at Deutsche Bank Woodward removed from US Conviction List at Goldman Sachs Woodward selected by Airbus as supplier for hydraulic A350 SPA Woodward price target raised to $267 from $232 at Truist