Premier Cho Jung-tai says Taiwan's government is ready to work with the country's semiconductor industry in light of potential steep tariffs on Taiwan's chips floated by U.S. President Donald Trump.
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00:00Taiwan's Premier Zhu Rongtai has responded to U.S. President Donald Trump's suggestion
00:05of tariffs on Taiwan's chips.
00:08The Ministry of Economy and related ministries have been paying close attention to this issue.
00:13In a couple of days, we will urgently consider whether to make more cooperation plans with
00:19the industry.
00:23Trump has floated the idea of placing up to a 100% tax on Taiwan's semiconductors to try
00:29and move more production to the U.S.
00:31Taiwan makes the large majority of the world's most advanced chips, including for U.S. companies.
00:37Premier Zhu's comments come on the first day of the Lunar New Year, while he and President
00:42Lai Ching-de visited temples around the country.
00:59Lai Andrua's temple tour comes shortly after Chinese startup DeepSeek shocked stock markets
01:05with a cheap and powerful AI model that uses fewer and older chips than leading models.