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Trump Claims He Forced TSMC Into a $100 Billion+ Investment Through a “Tariff Threat”, Which Could’ve Taxed Them Up To 100%

TSMC’s investment in the US under the Trump administration didn’t have strategic motives; instead, it was to avoid a hefty wave of tariffs coming against them. TSMC Apparently Submitted To President Trump’s “Tariff Threat”, Making a Forced Investment Into The US The Taiwan semiconductor giant isn’t in the best of positions when it comes to managing geopolitical tensions and the chip business. TSMC is the leading chip fab company for now; their leadership role wasn’t “digestible” by the Trump administration, who had threatened the company with the imposition of tariffs as high as 100% if they didn’t announce investments into […]

Read full article at https://wccftech.com/trump-claims-he-forced-tsmc-into-a-100-billion-investment-through-a-tariff-threat/