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Could TSMC lose US funding under Trump 2.0?

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
US markets are keenly awaiting more color on Trump's stance on the "Chips and Science Act" following his public criticism of the costs associated with that bill. Tariff, he argued during his campaign,
The article from MSN discusses the potential implications for Taiwan Semiconductor Manufacturing Company (TSMC) if Donald Trump were to win the 2024 U.S. presidential election. TSMC, which has been expanding its operations in the U.S. with significant investments, could face challenges due to Trump's previous policies and rhetoric regarding China and Taiwan. Trump's administration had imposed tariffs on Chinese goods and expressed skepticism about international trade deals, which might affect TSMC's operations given its reliance on global supply chains. Furthermore, Trump's potential policy shifts could impact the subsidies and incentives TSMC is currently receiving under the CHIPS and Science Act, aimed at boosting domestic semiconductor production. The article speculates that a Trump presidency might prioritize America First policies, possibly leading to a reevaluation or reduction of funding for foreign companies like TSMC, despite their strategic importance in the tech supply chain.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/markets/could-tsmc-lose-us-funding-under-trump-2-0/ar-AA1xxxNS ]