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Trump says he told TSMC it would pay 100% tax if it doesn't build in US

Trump says he told TSMC it would pay 100% tax if it doesn't build in US

FILE PHOTO: TSMC's logo is seen at the TSMC Museum of Innovation in Hsinchu, Taiwan, May 29, 2024. REUTERS/Ann Wang/File Photo

President Donald Trump on Tuesday said he told the Taiwan Semiconductor Manufacturing Company, which has pledged to build new factories in the United States, it would pay a tax of up to 100% if it did not build its plants in the country.

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