Trump announced a 100% tariff on imported semiconductors, but companies like TSMC and Apple, which have invested in the United States, are exempt beneficiaries. However, the global supply chain still faces restructuring challenges. (Background: Trump angrily criticized India for buying Russian oil, threatening to "significantly increase tariffs"! India: We will take all measures to defend energy security) (Additional background: Trump's tariffs have no room for negotiation! U.S. Trade Representative Lighthizer: It has been confirmed that a reduction is impossible) President Trump, on the 7th in the Oval Office of the White House, announced a significant policy declaring a 100% tariff on all imported semiconductor products unless companies have established production in the U.S.; otherwise, they will be turned away. This "America First" strategy immediately sparked global attention in the tech and financial markets, as TSMC has already established a factory in Arizona, and therefore is technically not on Trump's exemption list. Trump stated: We will impose approximately a 100% tariff on chips and semiconductors. But if you build a factory in the U.S., you will not be taxed. Even if you have not started mass production, as long as you are constructing and creating a large number of job opportunities, you will not be taxed. TSMC: Early Layout Results in Zero Tariff In recent years, TSMC has invested $165 billion in Arizona, planning to build six wafer fabs, two advanced packaging plants, and a research and development center. The first 4nm fab began mass production at the end of last year, and the second 3nm fab has also been completed, with plans to introduce 2nm and A16 processes in the future. After the policy announcement, TSMC's ADR rebounded sharply in a V-shape after hours, and continued to rise after today's (7th) opening, increasing by 4.89% to 1180 NT dollars before the deadline, highlighting the market's belief that TSMC can consolidate its competitiveness under the exemption treatment. However, building factories in the U.S. still faces challenges such as high labor, utility, and cultural costs. Balancing Taiwan's R&D core with U.S. production capacity will test TSMC's long-term strategy. Additionally, the details regarding the tariffs on Taiwan's semiconductors under Trump's government based on Section 232 have not yet been released. Will it be taxes on chips or end devices? How will the country of product export origin be defined? If the final assembly country is not the U.S., will it have an impact? After Trump's announcement, it will still depend on how the written documents specify the regulations. Extended Reading: Taiwan's Collective Anxiety Over Semiconductor Tariffs: What is the U.S. "Section 232"? Trump's Policy Core: Forcing Production Capacity to Return Trump emphasized that high tariffs are the fastest way to drive manufacturing back to the U.S., aiming to bring the entire semiconductor industry chain back home, increasing jobs and supply chain resilience. At the press conference, Trump also announced a commitment from Apple CEO Tim Cook for an additional $100 billion investment, bringing Apple's total investment in the U.S. to $600 billion. Trump stated that as long as Apple has committed to moving its smartphone production line back to the U.S., even if it is still under construction and has not started production, it will not have to pay the 100% semiconductor tariff. This means that Apple has also received exemption from the semiconductor tax due to its significant investment commitment. Long-term Impact: Trade Measures Drive Industry Restructuring More deeply, Trump's tariff measures are not just trade friction but also use economic means to achieve geopolitical goals: promoting the return of manufacturing. However, this move may raise operating costs, ultimately passing on to consumers and increasing inflationary pressure; therefore, the Trump administration must be careful not to backfire. However, in the broader context, the investment decisions of multinational companies will inevitably become more complex, having to simultaneously weigh production efficiency, subsidy programs, and policy risks. While TSMC is one of the first beneficiaries, maintaining technological leadership and cost advantages amid accelerating international competition will still require continuous adjustments. Related Reports: What does the SEC's Project Crypto want to do? What does Trump want to stir up? Trump shouts that economic data is falsified and "needs to be reduced immediately": New Federal Reserve Chair and Labor Statistics Director to be announced within three days. False Prosperity! U.S. July non-farm employment far below expectations, with a revision of 258,000 people in May and June, Trump blasts Powell and fires the Labor Secretary "Trump throws a heavy punch with 100% semiconductor tariffs, TSMC invests $200 billion to 'escape a calamity' and opens up with a 5% surge" This article was first published on BlockTempo (the most influential blockchain news media).