Taiwan’s chip industry unfazed by Trump’s trade policy, says former TSMC chairman Mark Liu
On November 25, newly inaugurated US President Donald Trump announced plans to sign an executive order imposing a 25% tariff on goods from Mexico and Canada and raising tariffs on Chinese products by 10%. The next day, November 26, speaking at the Wen-Yuan Pan Prize ceremony, former TSMC Chairman Mark Liu downplayed the potential impact on Taiwan, stating, “Taiwan primarily produces intermediate goods, so the effect will be minimal.”