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Taiwan expects small impact from President Trump’s tariffs on chip exports
Friday January 10, 2025. 09:15 PM , from Mac Daily News
Reuters: Home to the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co. (TSMC), the island is a key link in the global technology supply chain for companies such as Apple and Nvidia. But Taiwanese policymakers have warned new U.S. tariffs against all countries from the Trump administration could curb economic growth this year for the export-dependent economy. Trump has pledged a blanket tariff of 10% on global imports into the United States and a far higher 60% tariff on Chinese goods. In late November, he specifically pledged a 25% tariff on imports from Canada and Mexico when he takes office on Jan. 20. Asked at a news conference about the impact on Taiwan’s export orders of Trump’s tariffs, Kuo said it would not much affect the chip sector. “For our semiconductors and advanced processes, there is an advantage of technological leadership and that cannot be replaced, and so the impact will be small,” he added. MacDailyNews Take: Negotiation markers are not written in stone. We are currently about 1/4th of the way to being sustainable with Substack subscriptions. Please tell your Apple-loving friends about MacDailyNews on Substack and, if you’re currently a free subscriber, please consider $5/mo. or $50/year to keep MacDailyNews going. Just hit the subscribe button. Thank you! Read on Substack Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Taiwan expects small impact from President Trump’s tariffs on chip exports appeared first on MacDailyNews.
https://macdailynews.com/2025/01/10/taiwan-expects-small-impact-from-president-trumps-tariffs-on-chi...
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