Taiwan pledges to communicate and invest more in the US after Trump tariff threats


Source: ca.finance.yahoo.com ca.finance.yahoo.com

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TAIPEI, Taiwan (AP) — Taiwan President Lai Ching-te said Friday he would communicate more with the U.S. over President Donald Trump’s concerns over the chip industry and invest more in the U.S, hours after Trump ordered reciprocal tariffs on trade partners. Trump said on Thursday that Taiwan had taken away the U.S. chip business and said that he wanted it back in the country. Taiwan’s TSMC is the world’s largest chipmaker and produces chips for companies including Apple, Intel and Nvidia. In a news briefing after holding a meeting of the National Security Council at the presidential office, Lai said...