U.S. partnership is a driver of shared economic prosperity and central to supply chain security and stability in the region, the American Chamber of Commerce in Taiwan said on Thursday after U.S. tariffs were announced.

Taiwan President Lai Ching-te said on Wednesday ahead of an announcement of sweeping import tariffs by the United States that the island is an "indispensable" member of the global supply chain and it would defend its companies' interests.

Semiconductors were excluded, but the tariffs will still have a knock-on effect on the chip industry. Read more at straitstimes.com.

President Trump says TSMC is "one of the great companies of the world" as he praises the chipmaker for investing in the US. But other companies are not so lucky.

Trump presented a large chart listing the specific tariff levels for certain countries, which can be seen below. These include a 34% tariff on goods from China, 46% on those from Vietnam, and 64% on those from Taiwan.

The Executive Yuan yesterday decried US President Donald Trump’s 32 percent tariff on Taiwanese goods announced hours earlier as “unfair,” saying it would lodge a representation with Washington. The Cabinet in a statement described the pledged US tariffs,

US President Donald Trump has instituted many different tariffs on non-US goods entering the country. What does this mean for your next phone?

President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others.

US President Donald Trump's tariffs were "highly unreasonable" and the government planned to start "serious negotiations" with Washington, Taipei said Thursday. "The Executive Yuan found the decision highly unreasonable and deeply regretted it,