TAIPEI -- Taiwan's government on Tuesday insisted that semiconductor cooperation with the U.S. is a "win-win" proposition, after President Donald Trump lobbed a new threat to impose chip tariffs as high as 100%.
Speaking to members of his Republican Party on Monday, Trump said that "in the very near future, we're going to be placing tariffs on foreign production of computer chips, semiconductors and pharmaceuticals." He complained that chip production "left us and went to Taiwan," arguing an "incentive" is needed to bring it back: that chipmakers will not want to pay "a 25%, 50% or even 100% tax."
