Taiwan’s top economic planner said Trump’s proposed semiconductor tariffs would have little effect on TSMC. In an interview with Nikkei, he cited the company’s massive U.S. investments, AI chip dominance, and tariff exemptions. National Development Council chief Liu Chin-ching, who also sits on TSMC’s board, said the company sells just 1% of its semiconductor components directly into the U.S. He added that 75% of Taiwan’s exports remain unaffected by U.S. tariffs, with most of the rest already under existing duties. Liu confirmed Taiwan is negotiating with U.S. states such as Arizona and Texas for tax incentives to support Taiwanese companies building facilities in America. TSMC has pledged $100 billion for U.S. fabs, and Nvidia CEO Jensen Huang visited Taiwan earlier this month to finalize six new chip deals. Shares rose 1.35% on Tuesday.
