It would be “impossible” to move 40% of Taiwan’s semiconductor capacity to the U.S., the island’s top tariff negotiator said, pushing back against recent comments by American officials who called for a major production shift.
In an interview with Taiwanese television channel CTS that was broadcast late on Sunday, Taiwan Vice Premier Cheng Li-chiun said she had made it clear to Washington that Taiwan’s semiconductor ecosystem, built up over decades, could not be relocated.
“I have made it very clear to the United States that this is impossible,” she said, referring to the 40% goal the U.S. has floated.
That ecosystem will continue to grow in Taiwan, Cheng said, adding that the semiconductor industry would keep investing at home.
Biden’s investments in the groundwork for future semiconductor manufacturing on US soil was intelligent planning for the future with little potential for short-term reward. A rare display of integrity for american politicians.
tRump slashed that funding, and is now demanding another country overseas, a traditional ally of the US, should simply move their manufacturing capabilities to the US because trump said so. It’s idiotic.
The two things are absolutely not the same. Don’t portray them in the same boat.
I don’t call handing tax dollars to the richest companies in the world to set up for profit companies intelligent planning or a smart move. I call it corruption. Robbing the poor and paying the rich, to ensure the rich have enough product to continue to rob the poor as they are accustomed.
Makes perfect sense. He gets to grift, steal a Biden win, and please his big business donors