Trump accuses Taiwan of stealing U.S. chip industry. Here's what the election could bring
2024-10-29 08:28:59 source:CNBC
October 28, 2024
Former President Donald Trump reiterated his frustration with Taiwan over the weekend when he appeared on "The Joe Rogan Experience" podcast and accused Taiwan of stealing America's chip industry.
Trump criticized the U.S. CHIPS Act and said he would implement tariffs on chips from Taiwan if elected president. Such tariffs would impact the global leader in chip building, Taiwan Semiconductor Manufacturing Company, whose customers include companies such as Nvidia and Apple.
Shares of Taiwan Semiconductor closed down 4.3% on Monday.
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https://www.cnbc.com/2024/10/28/trump-accuses-taiwan-of-stealing-us-chip-business-on-joe-rogan-podcast.html