Trump Criticizes CHIPS Act, Raises Concerns for U.S.-Taiwan Semiconductor Relations

Arizona leaders worry Trump's tariff proposals could jeopardize semiconductor investments crucial to the state's economy.

Former President Donald Trump criticized the CHIPS Act and proposed tariffs on Taiwanese chips, claiming Taiwan 'stole' the U.S. chip industry.
Arizona has received significant preliminary funding under the CHIPS Act, with over $100 billion in semiconductor investments, including from Taiwan Semiconductor Manufacturing Company (TSMC).
Senator Mark Kelly and Representative Greg Stanton expressed concerns that Trump's policies could harm Arizona's economy and spark a trade war.
Taiwan's semiconductor industry faces challenges from U.S.-China tensions, with companies like TSMC adapting to shifting U.S. policies and export controls.
The upcoming U.S. presidential election could further impact semiconductor trade, with both Trump and Harris expected to continue tough stances on China.