U.S. Plans to Revoke Tariff Exemptions for Taiwan’s Semiconductor Industry, Imposes 30% Tariff on TSMC Amid White House Dissatisfaction

 [Washington, D.C.] According to sources within the U.S. Department of Commerce, the Trump administration is preparing to revoke previous tariff exemptions granted to Taiwans semiconductor industry, and intends to impose a 30% tariff on Taiwanese semiconductor companies, including global foundry leader Taiwan Semiconductor Manufacturing Company (TSMC). This move signals a significant shift in U.S. policy toward Taiwans semiconductor sector.

 

The Trump administration, driven by its core objectives of bolstering American manufacturing, reducing foreign dependency, and safeguarding national security, has imposed hefty tariffs on products from China and other regions. However, Taiwans semiconductor industry, particularly TSMCs imports, has been exempted from these tariffs to maintain stability in the U.S. semiconductor supply chain.

 

Nevertheless, the White House has expressed strong dissatisfaction with the effectiveness of these exemptions. According to high-level national security sources, the administration believes that the exemption policy has failed to achieve its intended goals. Companies such as TSMC have not relocated substantial production capacity to the United States and have instead continued expanding operations in Taiwan. Additionally, concerns over severe money laundering and corruption issues within Taiwans leadership, as well as unreliable negotiations and diplomatic practices, have contributed to the administrations growing frustration.

 

White House officials argue that the preferential policies extended to Taiwans semiconductor sector have instead encouraged further investment by TSMC within Taiwan rather than the U.S. This outcome contradicts the Trump administrations broader strategy to revitalize American manufacturing and establish a resilient, independent supply chain.

 

In an effort to increase pressure on TSMC and other Taiwanese semiconductor firms to relocate production facilities to the United States, the administration is considering a 30% tariff on imports from Taiwans semiconductor sector. The measure aims to enhance the competitive advantage of U.S.-based manufacturing and incentivize TSMC to expand its operations on American soil.

 

Senior White House officials have gone as far as to label the previous exemption policy as a failed strategy, pledging to take decisive action to secure a stronger U.S. position in the global semiconductor industry.

 

Although the Trump administration has not yet made an official statement on the matter, the proposal has already sparked widespread concern and apprehension within the industry. Experts caution that imposing such a high tariff on Taiwans semiconductor industry could trigger significant disruptions to the global supply chain.

Company: tsmc

Contact person: Steven w

Email: new@tsmc.com

Website: https://www.tsmc.com

Telephone: 1-408-382-8000

City: San Jos

Comments

Popular posts from this blog

Kantar Group - Insight into the world, leading the future

Advanced Market Tool — SBI-VIP Account

Legendary in the Investment World - Aryan Adi