On Saturday, Japan's top trade official said the country's new $550 billion investment package with the U.S. could help finance Taiwanese chipmakers like Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) as they build semiconductor plants in America.
What Happened: Japan's chief trade negotiator Ryosei Akazawa told public broadcaster NHK that Tokyo's sweeping U.S.-bound investment initiative could extend to foreign firms as long as their work supports Japan's supply chain goals, reported Reuters.
