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Trump Threatens TSMC with 100% Tax Over U.S. Plants

4/9/2025

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Summary

Story summary

President Donald Trump issued a stark warning to Taiwan Semiconductor Manufacturing Company (TSMC), threatening a hefty 100% tax if they fail to establish plants in the U.S. He slammed the CHIPS Act, asserting he persuaded TSMC to boost its American presence without extra financial support. In response, TSMC is set to invest a staggering $100 billion in U.S. factories.

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Story summary

President Donald Trump issued a stark warning to Taiwan Semiconductor Manufacturing Company (TSMC), threatening a hefty 100% tax if they fail to establish plants in the U.S. He slammed the CHIPS Act, asserting he persuaded TSMC to boost its American presence without extra financial support. In response, TSMC is set to invest a staggering $100 billion in U.S. factories.