TSMC Deal Will Only Placate Trump if He Is Convinced Taiwan is the Loser
Taiwanese semiconductor manufacturing giant TSMC announced today that it intends to invest 100 billion USD in the US over the next four years. TSMC’s plans for investment were announced jointly by the company and US president Donald Trump, who suggested that TSMC could avoid the tariffs he has threatened to impose on Taiwanese semiconductors with the deal, though it is unclear how that would work out as an investment framework...