US policy on Taiwan under US President Barack Obama has taken a “hazardous” turn that appears to be moving toward support for Beijing’s interpretation of its core interests, the US-Taiwan Business Council said in a special commentary released on Monday.

The Obama administration appears to be “telegraphing its willingness to moderate legacy Taiwan support and cede more control to China in the dynamics and direction of cross-strait affairs,” said the report, titled The American Defense Commitment to Taiwan Continues to Deteriorate.