Big Town Bulletin News

The Latest News and Information That Matters To You

Business Economy Politics

Trump says he told TSMC it would pay 100% tax if it doesn’t build in US

President Donald Trump on Tuesday said he told the Taiwan Semiconductor Manufacturing Company it would pay a tax of up to 100 percent if it didn’t build its plants in the United States

Speaking to an event at the Republican National Congressional Committee, Trump criticized former president Joe Biden’s administration for providing a $6.6 billion grant to TSMC’s U.S. unit for semiconductor production in Phoenix, Arizona, saying semiconductor companies don’t need the money.

Please like, comment, and share this article if you found it helpful and
informative.

For more news check out Big Town Bulletin News

For more from Big Town Bulletin check out Big Town Bulletin