>> YOUR LINK HERE: ___ http://youtube.com/watch?v=q3wagRVEAmQ
President Trump held the first cabinet meeting of his new term, with Elon Musk in attendance to discuss DOGE efforts. • Trump said he didn’t want to comment when asked whether it was the policy of his administration to prevent China from taking control of Taiwan by force. • “I never comment on that,” Trump said in response to a question from a reporter Wednesday during a Cabinet meeting at the White House. “I don’t comment on any — because I don’t want to ever put myself in that position. And if I said it, I certainly wouldn’t say it to you. I’d be saying it to other people, maybe people around this table.” • The refusal to comment is a notable departure from the statements of former President Joe Biden, who said repeatedly that he would intervene militarily if China were to invade Taiwan. • The US has traditionally avoided making an explicit security guarantee, instead maintaining a policy of strategic ambiguity. The 1979 Taiwan Relations Act calls on the US to provide Taiwan the resources to defend itself and opposes any unilateral change in status, but does not explicitly say the US would intervene. • During the campaign, Trump suggested in an interview with Bloomberg News that Taiwan “should pay us for defense.” • On Wednesday, Trump went on to say that he had a “great relationship” with Chinese leader Xi Jinping and expected to foster improved trade with Beijing. • “The relationship we’ll have with China will be a very good one,” Trump said. • -------- • Watch Bloomberg Radio LIVE on YouTube • Weekdays 7am-6pm ET • WATCH HERE: http://bit.ly/3vTiACF • • Follow us on X: / bloombergradio • • Subscribe to our Podcasts: • • Bloomberg Daybreak: http://bit.ly/3DWYoAN • Bloomberg Surveillance: http://bit.ly/3OPtReI • Bloomberg Intelligence: http://bit.ly/3YrBfOi • Balance of Power: http://bit.ly/3OO8eLC • Bloomberg Businessweek: http://bit.ly/3IPl60i • • Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: • Apple CarPlay: https://apple.co/486mghI • Android Auto: https://bit.ly/49benZy • • Visit our YouTube channels: • Bloomberg Podcasts: / bloombergpodcasts • Bloomberg Television: / @markets • Bloomberg Originals: / bloomberg • Quicktake: / @bloombergquicktake
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