Taiwanese Vice Premier Cheng Li-chun said on Wednesday, October 1, that his government will not agree to U.S. Commerce Secretary Howard Lutnick’s proposal to move 50% of chip production bound for the U.S. to American shores.
Sec. Lutnick mentioned the proposal during a recent interview, according to data-analytics-id=”inline-link” href=”https://www.bloomberg.com/news/articles/2025-10-01/taiwan-rejects-us-demand-for-half-of-chips-to-be-made-in-america?srnd=phx-technology” data-url=”https://www.bloomberg.com/news/articles/2025-10-01/taiwan-rejects-us-demand-for-half-of-chips-to-be-made-in-america?srnd=phx-technology” target=”_blank” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none”> Bloomberg, saying that the U.S. has raised this proposal to reduce its reliance on overseas supply chains. Taiwan was quick to reject the 50-50 suggestion, saying it would not accept the split and that it…
