Taiwan Rejects U.S. 40% Semiconductor Onshoring

Taiwan told Washington its proposal to relocate 40% of the island's semiconductor supply chain to the U.S. is "impossible," Vice Premier Cheng Li-chiun said on Sunday, pushing back on onshoring targets tied to a recent U.S.-Taiwan trade agreement. The deal includes $250 billion in Taiwanese direct investment and tariff incentives, while TSMC has pledged over $65 billion to U.S. manufacturing.