Taiwan is evaluating measures to support its domestic industry following US President Donald Trump’s proposal to impose tariffs on imported semiconductors.

Premier Cho Jung-tai said the government will assess whether cooperative plans or assistance programs are needed.

Taiwan Semiconductor Manufacturing Company (TSMC), a key player in the industry supplying firms like Apple and Nvidia, declined to comment on the latest developments.

The company has expanded its US investments to US$65 billion, up from the US$12 billion plan announced in 2020.