Trump Warns TSMC of 100% Tax for Not Building in the U.S.

Reported 9 days ago

Former President Donald Trump stated that he warned Taiwan Semiconductor Manufacturing Company (TSMC) they would face a tax of up to 100% if they did not establish factories in the United States. During a Republican event, Trump criticized the Biden administration for providing significant funding to TSMC's U.S. operations, asserting that he only threatened taxation as an incentive for domestic investment.

Source: YAHOO

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