Posted inEditor's Picks, Politics

Trump wants to kill the CHIPS Act, saying tariff threat prompted TSMC’s new $100 billion bet

WASHINGTON — Touting the $100 billion expansion TSMC announced on Monday, President Donald Trump boasted that he’d lured the chipmaker not with subsidies but with a threat of tariffs on imported semiconductors. The Taiwan giant is already building a $65 billion complex in Phoenix with three fabrication facilities, or fabs. Much of the new investment […]