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Taiwan expects small impact from Trump tariffs on chip exports

  • Taiwan expects a small impact from tariffs imposed by U.S. President-elect Donald Trump on semiconductor exports, according to Economy Minister Kuo Jyh-huei.
  • Taiwan Semiconductor Manufacturing Co. Is the world's largest contract chipmaker and is crucial for companies like Apple and Nvidia.
  • Trump has proposed a 10% tariff on global imports and a 60% tariff on Chinese goods, which may affect Taiwan's economy.
  • Taiwan plans to assist companies in relocating supply chains to the U.S. And will establish an office in Japan for investment and cooperation on AI and drones.
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