Trump claims TSMC will invest $300 billion in Arizona, pledges semiconductor tariff

President Trump has announced that iPhone processor supplier TSMC is to invest $300 billion in US manufacturing, and says a semiconductor tariff is imminent.TSMC is reportedly investing more in US expansionAfter Trump threatened higher tariffs on imports from India in time for the iPhone 17 launch, he has now been claiming the US will see greater foreign investment as well as the awaited semiconductor tariff announcements.'You know, we have the biggest in the world, as you know, from Taiwan is coming over and spending $300 billion in Arizona,' Trump said on CNBC's 'Squawk Box,' 'building the biggest plant in the world for chips and semiconductors.' Continue Reading on AppleInsider | Discuss on our Forums