Taiwan has no plans to move half its chip production into the US, Vice Premier Cheng Li-chiun confirmed, quickly pushing back on seemingly false claims that the US had raised the condition during recent trade talks. For Taiwan, the trade talks remain focused on concessions linked to the Section 232 investigation that Donald Trump ordered to vet his plan to place extensive tariffs on semiconductors and any product that contains them. The conclusion of the semiconductor investigation, which started in April, has been dragged out for months, as the Trump administration has repeatedly teased that chip tariffs could come any day. They are also monitoring rumors leaking out of the administration to see what chip tariffs could be coming. It's unclear how chip tariffs would work or if tech firms can expect a "triple whammy" of tariffs if they import a product from a country hit with tariffs that contains multiple chips or critical minerals also subjected to tariffs, Brzytwa explained.