Taiwan’s president has pledged to increase investment in the US, including in the semiconductor industry, as a measure to alleviate tensions with former President Donald Trump. The move comes after Trump had repeatedly criticized Taiwan for taking the business away from the US.
In an effort to ease concerns, Taiwanese officials are planning to discuss chip talks with US representatives. Additionally, Taiwan’s defense spending is expected to rise under the new plan.
The announcement was made by Taiwan’s president in response to Trump’s criticism of the island nation’s approach to semiconductor businesses. The development aims to improve relations between Taiwan and the US, which have been strained due to China’s growing influence in the region.
Taiwan has been a major player in the global semiconductor industry, and its relations with the US are crucial for maintaining supply chains.
Source: https://www.reuters.com/world/taiwan-president-meet-senior-officials-us-tariffs-sources-say-2025-02-14