Launching talks and impact checks to defend its semiconductor edge, Taiwan gears up to counter U.S. chip tariffs and ensure fair play in global tech trade.
Taiwan is set to assess the potential impact of possible US tariffs on its semiconductor industry and plans to initiate talks with Washington, according to Economy Minister Kuo Jyh-huei.
Speaking outside parliament on Tuesday, Kuo stressed the need to maintain fair competition for Taiwan’s chip sector amid growing trade concerns.
According to The Economic Times, the announcement follows a US investigation under the Trump administration, which is exploring tariffs on imported chips and pharmaceuticals. The US cites national security concerns over dependency on foreign production.
Taiwan is a key chip supplier to the United States, home to tech giants such as Apple and Nvidia. Former President Joe Biden attempted to reduce this reliance by offering substantial incentives through the Chips Act. The goal was to boost domestic semiconductor production and attract global manufacturers.
Kuo stated that Taiwan will simulate possible tariff scenarios and engage with the US to ensure balanced treatment. The final tariff decision, he added, would result from ongoing discussions.
Taiwan’s chip industry, led by Taiwan Semiconductor Manufacturing Company (TSMC), plays a vital role in global supply chains. TSMC recently committed to a US investment of $100 billion. This comes alongside major announcements from Nvidia and Apple, pledging hundreds of billions of dollars in American AI and tech development.
Despite the uncertainty, TSMC’s shares rose by 0.7 per cent on Tuesday, mirroring broader market trends.
Kuo emphasised that Taiwan and the US semiconductor industries are not rivals but complement each other. He reiterated Taiwan’s intention to work with Washington for a fair and practical resolution.
The island will continue monitoring developments as it navigates the evolving landscape of US trade policy.
