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TSMC Founder Says Free Trade Recently Comes With ‘Conditions’

Morris Chang
Morris ChangPhotographer: I-Hwa Cheng/Bloomberg

Taiwan Semiconductor Manufacturing Co. founder Morris Chang reiterated the value of free trade to solve supply problems in the critical chip industry, while cautioning that’s been accompanied by more conditions of late.

Chang, who was speaking as Taiwan’s envoy to the Asia-Pacific Economic Cooperation leaders’ meeting, on Friday said there’s concern that “recently ‘free trade’ seems to carry more conditions and qualifications than it used to.” Such “conditions” referred to the U.S. planning to make more chips domestically, he later told a media briefing.