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Stock impact report

'Impossible': Taiwan pushes back against Washington’s 40% chip supply relocation goal [MSNBC.com]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: MSNBC.com
Taiwan Semiconductor Manufacturing Company's logo is seen in the background beside a printed circuit board.Sopa Images | Lightrocket | Getty ImagesTaiwan has told Washington that its proposal to move 40% of the island's semiconductor supply chain to the U.S. was "impossible," Taipei's top tariff trade negotiator said in an interview.Speaking on alocal television broadcastTaiwan's international expansion, including its investments in the U.S., is predicated on the notion that the industry remains' rooted in Taiwan and continues to expand domestic investments, she said in Mandarin, translated by CNBC.The comments push back against onshoring targets outlined by U.S. Commerce Secretary Howard Lutnick in a CNBC interview in January, shortly after the latest U.S.-Taiwan trade agreement. Lutnick said he wanted 40% of Taiwan's entire chip supply chain to shift to the U.S. within President Donald Trump's ongoing term.Under thedealpromisedin direct investmentsWashington on its part lowered levi Show less Read more
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