Taiwan rejects U.S. proposal of ’50-50′ chip production

Taiwan rejects U.S. proposal of ’50-50′ chip production

Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park. Annabelle Chih | Getty Images News | Getty Images Taiwan will not accept Washington’s proposal to locally manufacture half the chips it currently supplies to the U.S., the island’s top trade negotiator said. Speaking to reporters, Cheng Li-chiun, also the country’s vice premier, said on Wednesday…

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Trump tariffs Supreme Court

Trump tariffs Supreme Court

WASHINGTON — After losing in lower courts, President Donald Trump plans to take his case for the authority to unilaterally impose tariffs to the Supreme Court and the public square. But his aides have also explored alternative methods for imposing import taxes on foreign goods, according to a senior White House official and two people…

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