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Trump's Tariff Threat: Tax on Automobile, Pharmaceutical—India Among Countries to Suffer the Most
Trump's Tariff Threat: President Donald Trump has announced a sweeping 25% tariff on auto imports, semiconductors, and..
Taiwan Semiconductor Manufacturing Company Limited is a Taiwanese multinational semiconductor contract manufacturing and design company. It is the world's most valuable semiconductor company, the world's largest dedicated independent ("pure-play") semiconductor foundry, and Taiwan's largest company, with headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan. Although the central government of Taiwan is the largest individual shareholder, the majority of TSMC is owned by foreign investors. In 2023, the company was ranked 44th in the Forbes Global 2000. Taiwan's exports of integrated circuits amounted to $184 billion in 2022, accounted for nearly 25 percent of Taiwan's GDP. TSMC constitutes about 30 percent of the Taiwan Stock Exchange's main index.
Trump's Tariff Threat: President Donald Trump has announced a sweeping 25% tariff on auto imports, semiconductors, and..