TSMC provides tariff leverage: minister:
Bringing Taiwan to the World and the World to Taiwan
taipeitimes.com/News/biz/archives/2025/07/22/2003840675
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Key FactsTaiwan Unfazed by US Tariffs
May 19, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: taipeitimes.com
Summary created with AI assistance · Source: taipeitimes.com
- Taiwanese manufacturers are unconcerned about US tariffs but worry about greater impacts compared to Japan and South Korea.
- The Taiwanese semiconductor industry, led by TSMC, is crucial for US microchip production capabilities.
- Minister Kuo stated that the US relies on Taiwan, while a firm's competitiveness hinges on its financial resources.
- The Taiwanese government is implementing a strict strategy to prevent illegal transshipments and enforce trade standards.
Taiwan has many advantages that other countries do not have, the most notable of which is its semiconductor ecosystem.— J.W. Kuo, Minister of Economic Affairs, spoke about Taiwan's strengths in the context of trade relations with the US.
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