Taiwan Rejects US Demand: 40% Chip Production Won't Shift to America

• Taiwan's Deputy PM Cheng Li-chiun stated transferring 40% of semiconductor production to the US is impossible.
• Taiwan's semiconductor ecosystem, built over decades, cannot be moved; the industry will remain and grow domestically.
• Taiwan is willing to increase investment in the US but insists its domestic production will not decrease, and its roots will stay in Taiwan.
• US Commerce Secretary Howard Lutnick aims for 40% of leading-edge semiconductor manufacturing in the US for national security.
• Lutnick warned of up to 100% tariffs if Taiwan doesn't shift 40% of its chip supply chain, a demand Taiwan previously rejected.