Trump Tariffs Steal Huge Employer From China

[240B]

Trump Tariffs Steal Huge Employer From China

Trending Politics News
By Chris Powell
May 1, 2025



President Donald Trump’s aggressive tariff strategy against China has delivered a high-profile manufacturing victory to the United States.

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, announced it will expand its U.S. investment by another $100 billion—bringing the total to $165 billion. The expansion marks the largest foreign direct investment in American history and signals a decisive shift away from Chinese reliance in the tech supply chain.

The plan includes three additional semiconductor fabrication plants, two advanced packaging facilities, and a major R&D center, all based in Phoenix, Arizona. Once completed, the full site will support tens of thousands of high-skilled jobs and provide a critical backbone for U.S. AI development.

“Back in 2020, thanks to President Trump’s vision and support, we embarked on our journey of establishing advanced chip manufacturing in the United States. This vision is now a reality,” said TSMC Chairman and CEO Dr. C.C. Wei. “With the success of our first fab in Arizona, along with needed government support and strong customer partnerships, we intend to expand our U.S. semiconductor manufacturing investment by an additional $100 billion.”

(more)
https://trendingpoliticsnews.com/trump-tariffs-steal-huge-employer-from-china-mace/

[DefiantMassRINO]

I'll believe it after they've been operating in the US for 5 years.

Companies moved overseas or stayed overseas for a reason ... it was less economical to do business in America.

Congress needs to make it more economically competitive to do business in America without the necessity for tariffs.