TSMC, Taiwan's biggest exporter, is exempt from the 100% tariffs on chips announced by Trump, but other Taiwanese manufacturers will be affected.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
TSMC, Taiwan's semiconductor giant, benefits from an exemption from President Trump's 100% tariffs on chips because of its status as a major exporter and its US factories. However, other Taiwanese manufacturers will feel the impact of these tariffs. Trump has accused Taiwan of hurting the US semiconductor industry and has announced protective measures. TSMC is investing 100 billion dollars in the US to build factories, which could affect the Taiwanese economy and the 'silicon shield' concept that protects Taiwan from China's threats.
Sources
Latest News
22:56
The Government of Spain approves banning evictions from homes until 2030, following protests sparked by the case of an 87-year-old woman
22:54
Ana Brnabić takes over Serbia’s presidential duties following the resignation of Aleksandar Vučić
22:48
Tokyo breaks record for consecutive rainy days / Rainfall affects agriculture and increases the risk of landslides
22:37
The EU does not anticipate supply problems but warns that oil and gas prices could be very high
22:28
The Agriculture Minister Calls for Urgent Measures for the Sheep and Goat Sector in Brussels
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
