Taiwan Considers Help for Chip Industry Following US Tariff Threat

The premier said ministers will make urgent considerations on whether assistance for Taiwan’s semiconductor industry is needed in light of possible tariffs.
Taiwan Considers Help for Chip Industry Following US Tariff Threat
Premier of the Republic of China (Taiwan) Cho Jung-tai (C) addresses the public's concern over the Chinese man who took a speedboat into Taipei pier, in front of the Legislative Yuan on June 11, 2024. Sung Pi-Lung/The Epoch Times
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Taiwan’s ministers will discuss whether help is needed for the semiconductor industry, Premier Cho Jung-tai said on Wednesday following U.S. President Donald Trump’s latest tariff threat.

On Monday, Trump told House Republicans at an annual retreat that he will soon impose tariffs on foreign-made computer chips, semiconductors, and pharmaceuticals in order to bring manufacturers of these essential goods to the United States, and he singled out Taiwan as an example.