Apple’s chip production partnership with TSMC will likely take a financial hit from President Donald Trump’s proposed tariffs. Trump says he will place import taxes on semiconductors and other specific imports in the near future.

Trump said that these industries had left the US and moved to Taiwan, CNA reported, which he claimed now accounts for approximately 98% of the global semiconductor market. He suggested a “25%, 50%, or even 100% tax” would force companies to build more production in the US.

Duties would raise prices for a range of consumer goods, while scaring off further Taiwanese investments in the U.S., experts warn.

"They left us and went to Taiwan," Trump said while speaking at the House Republican Issues Conference on Monday. "We want them to come back." Following his promise of tariffs, Tr

U.S. President Donald Trump has threatened to impose sweeping tariffs on semiconductors. How do analysts and people from Taiwan's chip industry view the potential tariffs? Click here for the full story in Mandarin.

Donald Trump's decision to place tariffs on Taiwan comes as China made significant breakthroughs with AI development.