Trump's Proposed Tariffs on Taiwan Semiconductors Raise Global Trade Concerns

The U.S. President's tariff threats target Taiwan's chip industry, potentially disrupting global tech supply chains and straining international alliances.

• President Donald Trump has proposed tariffs of up to 100% on Taiwanese semiconductor imports, citing the need to bring chip production back to the U.S.
• Taiwan's semiconductor industry, led by TSMC, is critical to global technology supply chains, producing over 90% of the world's most advanced chips.
• Experts warn that such tariffs could lead to higher costs for American consumers, harm U.S. tech firms, and strain relations with a key ally in the face of China's rising tech competition.
• Canadian businesses and political leaders are also grappling with potential U.S. tariffs, with many firms accelerating investments in the U.S. to mitigate risks.
• The U.S. business community, once vocal against tariffs, has largely remained silent, reflecting a shift in political and economic dynamics under Trump's second term.

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