Taiwan Invested $165 Billion. Trump Hit Back With Tariffs. ...Middle East

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Taiwan Invested $165 Billion. Trump Hit Back With Tariffs.
source : OILPRICE ( Middle East ) () 118
Taiwan may have thought that it had bought its way out of hefty U.S. tariffs with last month’s announcement of a $100-billion investment in chip factories in the United States. Oh, was Taiwan wrong. As President Donald Trump’s tariff plan dropped on Wednesday, Taiwan – and the world and markets – realized the actual tariffs are higher than feared. Taiwan was slapped with a 32% tariff, which the government described as “highly unreasonable”, “unfair”, and “deeply regrettable.” Taiwan had…

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