In Reply to: Trump announces another "deal" posted by russsmith on July 27, 2025 at 11:54:16
"For example, if a Taiwanese chipmaker builds a plant in the U.S. and uses Japanese components or tailors its products to meet Japanese needs, that's fine too," he said.
In March, Taiwan's TSMC announced a $100 billion investment in the US, on top of plans to build three plants in Arizona, one of which is already operating.
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So the 500 billion Japanese investment is actually Taiwanese company TSMC building plants in the US, which they had already pledged to do and were already doing, one is actually already operating and that one happened under Biden.