Taiwan says TSMC 'exempt' from Trump's 100% chip tariff

Taiwan says TSMC 'exempt' from Trump's 100% chip tariff

TAIPEI — Taiwanese chipmaking giant TSMC "is exempt" from U.S. President Donald Trump's 100 percent tariff on semiconductor chips, Taipei said Thursday. Taiwan Semiconductor Manufacturing Company is the world's largest contract maker of chips and counts Nvidia and Apple among its clients. "Because Taiwan's main exporter is TSMC, which has factories in the United States, TSMC is exempt," National Development Council chief Liu Chin-ching told a br…