Trump Threatens Taiwan Chip Tariffs, Sparking Economic Fears
Following President Trump’s announcement of potential sweeping tariffs on imported semiconductors, Taiwan’s government will convene emergency meetings to address the impact on its semiconductor industry. These discussions will focus on providing necessary support to the sector, which constitutes a significant portion of Taiwan’s exports. While concerns exist regarding potential harm to Taiwanese exports, officials suggest that Taiwan’s crucial role in the global semiconductor supply chain makes it unlikely to be significantly disadvantaged. The government plans to maintain close communication with the U.S. and leverage this opportunity for technological advancement.
John Q. Hosedrinker