In a significant development affecting international trade relations, Taiwan has firmly rejected a proposal from the United States to split semiconductor production equally between the two countries. The island's top tariff negotiator clarified that the idea of a 50-50 production split was not part of recent negotiations, despite suggestions from U.S. officials.
Taiwan Vice Premier Cheng Li-chiun emphasized that no commitments were made regarding the proposed split during discussions with Washington. This response comes amidst Taiwan's efforts to secure more favorable tariff conditions while managing a substantial trade surplus with the U.S.
While Taiwan's TSMC continues to invest heavily in U.S. manufacturing infrastructure, the majority of semiconductor production will still take place