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

Reuters - 09/04
President Donald Trump on Tuesday said he told the Taiwan Semiconductor Manufacturing Company, which has pledged to build new factories in the United States, it would pay a tax of up to 100% if it didn't build its plants in the country.
April 8 (Reuters) - President Donald Trump on Tuesday said he told the Taiwan Semiconductor Manufacturing Company, which has pledged to build new factories in the United States, it would pay a tax of up to 100% if it didn't build its plants in the country.
Speaking at a Republican National Congressional Committee event, 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 th...
[Short citation of 8% of the original article]