TSMC Gets a Reprieve From Trump's 100% Chip Tariffs Thanks to Its U.S. Factories, Taiwan Says
7 Articles
7 Articles
TSMC gets a reprieve from Trump's 100% chip tariffs thanks to its U.S. factories, Taiwan says
Taiwanese chipmaking giant TSMC “is exempt” from U.S. President Donald Trump’s 100% tariff on semiconductor chips, Taipei said Thursday. Taiwan Semiconductor Manufacturing Company is the world’s largest contract maker of chips and counts Nvidia and Apple among its clients. “Because Taiwan’s main exporter is TSMC, which has factories in the United States, TSMC is exempt,” National Development Council chief Liu Chin-ching told a briefing in parlia…
Trump's Tariff Blow to Taiwan
By: Jens KastnerWere Taiwan’s tech crown jewel TSMC and state-run oil refiner CPC Corp presented to tariff pressure maven Donald Trump, the US President, on a silver plate for nothing? Taiwan’s external trade nightmare came true on July 31 when the White House announced a 20 percent blanket tariff on Taiwan, 5 percent higher than those inflicted on the island’s head-on competitors Japan and South Korea.That came despite commitments under politic…
With the reciprocal tariff negotiations between Taiwan and the United States still ongoing, former National Security Council Secretary David Lee stated that US President Trump is a businessman. He will do whatever is beneficial to the United States and will generate the highest profit. He said that Trump is not stupid enough to waste the Taiwan card easily. "Taiwan has the bargaining chip, and Trump knows this. He is just bargaining," and there …
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