Taiwan to simulate impact of US tariffs on semiconductor sector

Taiwan to simulate impact of US tariffs on semiconductor sector

TAIPEI (Reuters) - Taiwan will simulate the impact of any U.S. tariffs on the semiconductor industry and seek talks with Washington on the issue, the island's economy minister said on Tuesday.

Taiwan to face high tariffs amid US domestic supply chain push: analyst

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Taiwan’s Chip Companies Are Caught in the U.S.-China Tariff War

China and the United States are pursuing diverging approaches to their dependence on Taiwan’s chip industry and its dominant chip maker, Taiwan Semiconductor Manufacturing Company.

Taiwan will simulate the impact of any US tariff on the semiconductor industry and seek talks with Washington on the issue, said the island's Minister of Economy on Tuesday.President Donald Trump's government is investigating the import of chips, along with pharmaceuticals, in an attempt to impose tariffs on both of them claiming that the widespread dependence on foreign semiconductor and drug production is a threat to national security.

The President of Taiwan, Lai Ching-te, reaffirmed his administration’s commitment to addressing global economic challenges, such as the trade war and the imposition of new tariffs by the United States. During a meeting with former students of the University of Technology of Taipei, Lai stressed that the government has already started negotiations with the United States and that the first phase of the dialogue has developed favourably. As a strat…

Record Taiwan Dollar Trading Volume Explodes Amid US Tariff Delay: A Forex Opportunity?

In a dramatic turn of events in the global currency markets, the Taiwan dollar (TWD) has witnessed an unprecedented surge in its trading volume, reaching levels unseen in the past 16 years. This surge comes amidst the backdrop of a delayed implementation of US tariffs, sending ripples through financial ecosystems worldwide. For those keenly observing the pulse of forex trading and the broader economic landscape, this development presents a fasci…