Taiwan rebuffs U.S. push to absorb 40% of its chip supply chain

Taiwan Semiconductor Manufacturing Company's logo is seen in the background beside a printed circuit board.Taiwan has told Washington that its proposal to move 40% of the island's semiconductor supply chain to the U.S. was "impossible," Taipei's top tariff trade negotiator said in an interview. Speaking on a local television broadcast Sunday, Vice Premier Cheng Li-chiun said she had made it clear to Washington that the country's semiconductor ecosystem, built over decades, could not simply be relocated. Tai ...