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.

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.

TAIPEI: Taiwan will consider supporting its domestic industry, the government said on Wednesday (Jan 29), after US President Donald Trump warned he will soon place tariffs on overseas-made semiconductor chips.