Reported 1 day ago
Taiwan's Economy Minister Kuo Jyh-huei announced that the island will simulate the effects of potential U.S. tariffs on its semiconductor sector and pursue discussions with Washington to ensure fair competition. The U.S. is considering tariffs on chips and pharmaceuticals due to national security concerns, given its reliance on Taiwan's chip imports. Amid efforts to enhance domestic production, including significant investments from companies like TSMC, Taiwan aims to address the issue through communication with the United States.
Source: YAHOO