Taiwan minister says U.S. won’t put harsh tariffs on chip sector, FT reports

A Taiwan minister said the U.S. does not intend to impose harsh tariffs on Taiwan’s semiconductor industry, noting that Taipei aims to share the model behind its chipmaking success, The Financial Times’ Paddy Stephens and Kathrin Hille report. The statement comes as Taiwan awaits the outcome of a U.S. security investigation and seeks to finalize a tariff deal amid recently imposed 20% tariffs on its exports. Semiconductor companies in Taiwan include TSMC (TSM) and UMC (UMC).