Taiwan expects small impact from Trump tariffs on chip exports

FILE PHOTO: A chip is pictured at the Taiwan Semiconductor Research Institute (TSRI) at Hsinchu Science Park in Hsinchu, Taiwan, September 16, 2022. REUTERS/Ann Wang/ File Photo

TAIPEI (Reuters) - Taiwan only expects a small impact from any tariffs imposed by the incoming government of U.S. President-elect Donald Trump on semiconductor exports given their technological superiority, Economy Minister Kuo Jyh-huei said on Friday.

Home to the world's largest contract chipmaker, Taiwan Semiconductor Manufacturing Co. (TSMC), the island is a key link in the global technology supply chain for companies such as Apple and Nvidia.