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.