Taiwan’s government will soon look at whether it needs to help its domestic industry over threats by President Donald Trump to put tariffs on semiconductors, Premier Cho Jung-tai said on Wednesday.

Semiconductor business between Taiwan and the United States is a "win-win" model for both sides given the high level of complementarity, the government said on Tuesday in response to tariff threats from U.

Premier Cho Jung-tai said the island’s government would look for ways to maintain the island’s ‘leading position’.

Trump threatened tariffs Monday to bring semiconductor, chip and pharmaceutical production back to the US, arguing that many companies have relocated to Taiwan. “They left us and went to Taiwan, which is about 90% of the chip business, and we want them to come back,” said Trump.

Taiwan's government will soon look at whether it needs to help its domestic industry over threats by U.S. President Donald Trump to put tariffs on semiconductors, Premier Cho Jung-tai said on Wednesday.

Will proposed tariffs up to 100% on semiconductors made in Taiwan incentivize investment in U.S. capacity or dramatically raise prices?

"They left us and went to Taiwan," Trump said while speaking at the House Republican Issues Conference on Monday. "We want them to come back." Following his promise of tariffs, Tr

Though the United States is the global leader in designing chips, the vast majority of chip production happens overseas, particularly in U.S.-ally Taiwan.