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Trump Reveals Intentions To Impose Up To 100% Taxes On TSMC’s Chips Made In Taiwan, Prioritizing Domestic Production

The Trump administration has revealed plans to implement tariffs on chips made in Taiwan in an attempt to bolster domestic production. Trump Says That The CHIPS Act Gave Companies “Billions Of Dollars” Without Any Benefit, Says Tariffs Would Bring Production Back In US The debate around whether Donald Trump would impose tariffs on chip production in Taiwan might have just ended, as the new US president has announced his intentions to tax semiconductors from foreign lands. In the recent House Republican conference, Trump claimed that his tariff policy on chips would ensure that the core technology remains in the US, […]

Read full article at https://wccftech.com/trump-reveals-intentions-to-impose-up-to-100-taxes-on-tsmc-chips-made-in-taiwan/