Overview

• The Trump administration is moving forward with investigations under Section 232 of the Trade Expansion Act to impose tariffs on semiconductor and pharmaceutical imports.
• President Trump has framed the tariffs as essential to bolstering domestic production and reducing reliance on foreign supply chains, citing national security concerns.
• Taiwan, a critical supplier of advanced semiconductors through TSMC, is preparing to simulate the potential impact of U.S. tariffs on its industry.
• Taiwan's Economy Minister Kuo Jyh-huei has announced plans to engage with U.S. officials to ensure fair competition for its semiconductor sector.
• The U.S. remains heavily reliant on Taiwanese semiconductors, with TSMC supplying key companies like Apple and Nvidia, despite previous efforts to expand domestic production through the CHIPS Act.