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Trump calls for tariffs on computer chips, semiconductors and pharmaceuticals from Taiwan

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Donald Trump called for tariffs on foreign computer chips, semiconductors, and pharmaceuticals from places like Taiwan in the near future.

In a recent development, former President Donald Trump has advocated for imposing tariffs on computer chips, semiconductors, and pharmaceuticals imported from Taiwan. This proposal comes amidst heightened tensions between the U.S. and China, with Taiwan being a significant player in the global supply chain for these critical technologies. Trump's call for tariffs aims to reduce U.S. dependency on foreign manufacturing, particularly from regions with geopolitical tensions, and to bolster domestic production. Critics argue that such tariffs could disrupt global trade, increase costs for American consumers, and potentially strain relations with Taiwan, a key ally in the region. This move reflects Trump's broader strategy of using trade policy as leverage in international relations, a tactic that has both supporters and detractors within the U.S. and abroad.

Read the Full VentureBeat Article at:
[ https://venturebeat.com/business/trump-calls-for-tariffs-on-computer-chips-semiconductors-and-pharmaceuticals-from-taiwan/ ]