## TSMC at the center of tariff negotiations According to Digitimes, Taiwan is considering shifting 40% of its chip manufacturing capacity to the United States, with TSMC playing a key role in tariff discussions. This potential reallocation of production capacity could have a significant impact on the global semiconductor industry. ## Strategic implications The shift of such a significant portion of chip production capacity to the United States raises several strategic questions. On the one hand, it could help strengthen the semiconductor supply chain in the United States, reducing dependence on foreign suppliers. On the other hand, it could have consequences for international trade dynamics and production costs. The semiconductor industry is crucial to the global economy, powering a wide range of electronic devices, from cars to smartphones. Any significant changes in the geography of chip production can have ripple effects on various industrial sectors.