Taiwan Semiconductor Manufacturing Company (TSMC) is exempt from the 100% tariff on semiconductor chips announced by President Trump. TSMC plays a crucial role in the global chip market, serving major clients like Nvidia and Apple. National Development Council chief Liu Chin-ching noted that while some Taiwanese chipmakers may be affected, TSMC's U.S.-based factories provide an advantage. Taiwan aims to enhance its investment in the U.S. and defense spending in response to potential tariffs, indicating its commitment to maintaining its semiconductor leadership.
"Because Taiwan's main exporter is TSMC, which has factories in the United States, TSMC is exempt from the 100% tariff on semiconductor chips."
"Taiwan currently holds a leading position in the world and I believe that if the leader and competitors are on the same starting line, the leader will continue to lead."
"TSMC has been in the crosshairs of Trump, who has accused Taiwan of stealing the U.S. chip industry."
"Taiwan has pledged to increase investment in the United States, purchase more U.S. energy and boost defense spending to more than three percent of GDP."
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