Taiwan to help companies relocate to US following Trump tariffs
- Taiwan's Economy Ministry announced support for companies wishing to relocate to the United States due to new tariffs, including assistance in finding partners and information on U.S. States to invest in.
- Taiwan's investment in the U.S. Includes $65 billion from TSMC for factories in Arizona, initiated in 2020 under Trump's administration.
- Shares of Taiwanese tech companies with factories in Mexico dropped significantly, with Foxconn down 8.1%, Quanta down 9.8%, and Inventec off 6.7%.
- Taiwan President Lai Ching-te stated that the government will maintain friendly policies to support firms wishing to invest in Taiwan instead of China.
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Total News Sources0
Leaning Left1Leaning Right5Center5Last UpdatedBias Distribution45% Center, 45% Right
Bias Distribution
- 45% of the sources are Center, 45% of the sources lean Right
C 45%
R 46%
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