In an exclusive interview, DIGITIMES analyst Jessie Lin outlined the challenges facing American automakers amid a sweeping new round of tariffs.

Since 2019, China’s new energy vehicle market has rapidly expanded to comprise half of new car sales by 2024, though this has complicated the used car market. Meanwhile, Europe’s transition to electric vehicles is facing challenges. As EV numbers grow, manufacturers strive to meet 2025 carbon reduction targets, creating a second-hand EV market similar to China’s, where depreciation rates exceed expectations, making new EVs often cheaper than used ones.

Taiwan Semiconductor Manufacturing Company (TSMC) reported a consolidated revenue of approximately NT$260.009 billion (US$7.93 billion) for February 2025, reflecting an 11.3% decrease from January. However, this figure represents a significant increase of 43.1% compared to the same period in 2024. Cumulatively, the revenue for the first two months reached about NT$553.297 billion, marking a 39.2% rise year-over-year.

US President Donald Trump’s impact on the supply chain has been deep and far-reaching, with his tariff policies from 2017 having a lasting effect to this day.