Semiconductor business between Taiwan and the United States is a "win-win" model for both sides given the high level of complementarity, the government said on Tuesday in response to tariff threats from U.

Semiconductor business between Taiwan and the US is a “win-win” model for both sides given the high level of complementarity, the Ministry of Economic Affairs said yesterday responding to tariff threats from US President Donald Trump.

U.S. President Donald Trump plans to impose tariffs on imported computer chips, pharmaceuticals and steel, he said on Monday, to push companies to manufacture more in the United States. The comments mark the latest in a number of trade-related threats unleashed by Trump in recent days.