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flag Former President Trump threatened TSMC with a 100% tax, criticizing Biden's $6.6B grant to the company.

flag Former President Trump claimed he threatened Taiwan Semiconductor Manufacturing Company (TSMC) with a 100% tax if they didn't build factories in the U.S. TSMC has already pledged to invest $100 billion and build five chip facilities in the country. flag Trump criticized the Biden administration's $6.6 billion grant to TSMC, arguing that semiconductor companies don't need such funds. flag This move aims to bolster the U.S. semiconductor industry and reduce dependency on foreign manufacturing.

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