Reported 18 days ago
Donald Trump's election win in 2024 signals potential changes for Asian companies like TSMC and Honda, as he has previously criticized their investments in the U.S. and hinted at imposing tariffs on imports, particularly in the automotive and semiconductor sectors. With Asian firms having committed significant investments in the U.S. for semiconductor production and electric vehicle batteries, there is uncertainty about the continuation of supportive policies and subsidies. Furthermore, Trump's stance on China could reignite trade tensions, affecting the broader landscape for Asian businesses.
Source: YAHOO