Taiwan’s government will soon look at whether it needs to help its domestic industry over threats by President Donald Trump to put tariffs on semiconductors, Premier Cho Jung-tai said on Wednesday.

Taiwan promises to support chip industry amid US tariff threats. Taiwan's trade surplus with US surged 83% in 2024, with exports reaching $111.4B.

Premier Cho Jung-tai said the island’s government would look for ways to maintain the island’s ‘leading position’.

Trump threatened tariffs Monday to bring semiconductor, chip and pharmaceutical production back to the US, arguing that many companies have relocated to Taiwan. “They left us and went to Taiwan, which is about 90% of the chip business, and we want them to come back,” said Trump.

While the tariffs aim to boost domestic manufacturing, they are unlikely to divert production from Asia immediately.

Taiwan will consider supporting its domestic industry the government said Wednesday, after US President Donald Trump warned he will soon place tariffs on overseas-made semiconductor chips. Speaking at a Republican congressional retreat in Miami on Monday,

Taiwan's government will soon look at whether it needs to help its domestic industry over threats by U.S. President Donald Trump to put tariffs on semiconductors, Premier Cho Jung-tai said on Wednesday.

Donald Trump called for tariffs on foreign computer chips, semiconductors, and pharmaceuticals from places like Taiwan in the near future.

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.

Semiconductor business between Taiwan and the United States is a "win-win" model for both sides given the high level of complementarity, the government said on Tuesday in response to tariff threats from U.