Taiwan Quietly Urges US to Calm Rhetoric on China Chip Risk

  • Taiwan worries US rhetoric harms its business interests
  • Warren Buffett cut TSMC holdings over geopolitical risks
WATCH: The White House understands the economic and political realities Taiwan faces, the island’s Deputy Foreign Minister Roy Chun Lee said.Source: Bloomberg
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Spooked by the threat that China might invade Taiwan, the US wants to cut its dependence on the island’s world-beating microchips. Officials in Taipei believe the Biden administration is going too far.

In quiet conversations and back-channel warnings, Taiwanese officials have urged their American counterparts to tone down their rhetoric about the dangers of relying on chips made by Taiwan Semiconductor Manufacturing Co.