"The United States government, under the leadership of President Obama, has been and remains firmly committed to our one-China policy. That's also the policy, by the way, that previous presidents in both parties have pursued and our country has benefited from adherence to that policy," White House Press Secretary Josh Earnest told reporters.
"One reason that we have pursued that policy is because the Obama administration does not view Taiwan and our relationship with Taiwan as a bargaining chip," he said, adding that Taiwan is the ninth-largest trading partner of the US.
Trump has suggested he can leverage Taiwan by questioning the "One China" policy and force China to "make a deal".
Trump's "One China" rhetoric prompted the strongest public warning from China yesterday that bilateral ties will be damaged.
"Adherence to one-China principle is the political bedrock of the China-US relations. If it is compromised or disrupted, the sound and steady growth of China-US relationship as well as bilateral cooperation in major field would be out of question," Foreign Ministry spokesman Geng Shuang said.
"Bargaining that away is not something that this administration believes is in our best interest. In fact, I think you would be hard-pressed to make the case that it's in the interest of Taiwan," Earnest said.
Under Obama administration, the US has been able to lower tensions around cyber issues and they have been able to work effectively with the Chinese to ramp up pressure on the North.
Obama, he noted, has worked hard to manage relationships with China and Russia in a way that gives the US the opportunity to capitalise on common ground where it exists.
"In each case, our differences are substantial, but in each case effective diplomacy resulted in both those countries bolstering our effort to prevent Iran from obtaining a nuclear weapon and further isolate the North Korean regime for their destabilising activities on the (Korean) peninsula," he said.
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