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Tom’s Hardware

Technology

Anton Shilov

President Trump threatens TSMC with 100% tariff if it doesn't build in the U.S.

TSMC Donald Trump United States Arizona Intel Corporation

TSMC.

U.S. President Donald Trump stated that TSMC would be hit with tariffs as high as 100% if it failed to construct production sites in the U.S., reports Reuters. The company now plans to spend $200 billion on its U.S. manufacturing site, according to President Trump. He also denounced a $6.6 billion financial package provided to TSMC to build fabs in Arizona under the CHIPS Act enacted by the former President Joe Biden, arguing it was unnecessary.

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