Trump Claims Taiwan 'Stole' U.S. Chip Industry, Calls for Tariffs

Former President Donald Trump accused Taiwan of stealing the U.S. chip industry on Joe Rogan's podcast and advocated for tariffs on the island nation. Tariffs on Taiwan Semiconductor could disrupt major U.S. tech firms like Amazon and Google, as TSMC produces over 90% of the world's advanced chips. Analysts warn that tariffs and a potential trade war with China under Trump could drive up chip costs and destabilize the semiconductor sector. Taiwan Semiconductor is set to receive nearly $7 billion from the U.S. Commerce Department for its Arizona foundry.