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TSMC Gets a Reprieve From Trump's 100% Chip Tariffs Thanks to Its U.S. Factories, Taiwan Says

Summary by Fortune
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…

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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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indiekings.com broke the news in on Tuesday, August 5, 2025.
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