Taiwan rejected a US proposal from Commerce Secretary Howard Lutnick to split global semiconductor production 50-50, with Vice Premier Cheng Li-chiun stating it was not discussed. Taiwan's Executive Yuan and political opposition condemned the idea, calling it exploitative and against supply chain cooperation, as the US aims to onshore chip manufacturing.
Taiwan rejected a US proposal from Commerce Secretary Howard Lutnick to split global semiconductor production 50-50, with Vice Premier Cheng Li-chiun stating it was not discussed. Taiwan's Executive Yuan and political opposition condemned the idea, calling it exploitative and against supply chain cooperation, as the US aims to onshore chip manufacturing.