Trump Says Its Time For US To 'Return' To A System That Made It Rich And Powerful As The President Proposes Tariffs On Taiwan: 'Bring Production Back To Our Country'
Benzinga
2025-01-28
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President Donald Trump has pledged to impose tariffs on imports from Taiwan, a move that could affect industries such as semiconductors and pharmaceuticals, including Taiwan Semiconductor Manufacturing, the world’s largest contract chipmaker.
Speaking at a Republican retreat in Miami on Monday, Trump criticized Taiwan’s dominance in semiconductor manufacturing and the Former President Joe Biden administration’s CHIPS Act, which provided $53 billion in subsidies to boost domestic chip production.
Speaking at a Republican retreat in Miami on Monday, Trump criticized Taiwan’s dominance in semiconductor manufacturing and the Former President Joe Biden administration’s CHIPS Act, which provided $53 billion in subsidies to boost domestic chip production.
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