Taiwan Invested $165 Billion. Trump Hit Back With Tariffs.

Taiwan may have thought that it had bought its way out of hefty U.S. tariffs with last month’s announcement of a $100-billion investment in chip factories in the United States. Oh, was Taiwan wrong. As President Donald Trump’s tariff plan dropped on Wednesday, Taiwan – and the world and markets – realized the actual tariffs are higher than feared. Taiwan was slapped with a 32% tariff, which the government described as “highly unreasonable”, “unfair”, and “deeply regrettable.” Taiwan had…