In a recent interview, US President Donald Trump sparked a storm by claiming that Taiwan has taken “all” of the US’s big-money chip business. The President’s statement came as a surprise to many in the tech industry, as Taiwan is known for its thriving semiconductor sector, but it is not the only country with significant chip manufacturing capabilities.

According to Trump, the US is seeking compensation from Taiwan for perceived losses in the chip market, with the President stating that Taiwanese companies are taking advantage of lax trade agreements to steal American intellectual property and expertise. This statement has been met with skepticism by many in the tech industry, who point out that the US and Taiwan have a long-standing partnership in the field of semiconductor manufacturing.

The US is home to some of the world’s largest and most influential chip manufacturers, including Intel, Texas Instruments, and NVIDIA. However, Taiwan has also seen significant growth in the sector, with companies like Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) becoming major players in the global market.

TSMC, in particular, is a major player in the global chip manufacturing industry, with a client base that includes major tech companies like Apple, Qualcomm, and Amazon. The company’s success has been built on a combination of advanced manufacturing capabilities, low costs, and a strong reputation for quality.

However, Trump’s statement suggests that the US is seeking to reevaluate its relationship with Taiwan in the chip industry. The President’s claim that Taiwanese companies are “stealing” American intellectual property and expertise is likely to be met with skepticism by many in the tech industry, who point out that the US and Taiwan have a long-standing partnership in the field of semiconductor manufacturing.

The US and Taiwan have a long history of cooperation in the field of technology, with the US investing heavily in Taiwan’s semiconductor industry over the years. The US has also been a major customer of Taiwan’s chip manufacturing capabilities, with many US companies using Taiwanese firms to produce components for their products.

The exact basis for Trump’s claim that Taiwan has taken “all” of the US’s big-money chip business is unclear, and many experts in the industry have questioned the accuracy of the statement. The US and Taiwan have a complex and multifaceted relationship, and it is unlikely that any country can take “all” of the US’s chip business without being noticed.

In recent years, the US and Taiwan have had a number of disagreements over trade issues, with the US complaining about Taiwan’s export policies and trade practices. However, the relationship between the two countries has also seen significant cooperation and investment, with many US companies using Taiwan as a manufacturing base for their products.

It remains to be seen how the US-Taiwan trade relationship will evolve in the coming months, but one thing is clear: the Trump administration is looking to re-evaluate the country’s relationship with Taiwan in the field of semiconductor manufacturing. Whether this will lead to changes in US trade policies or a re-evaluation of the US-Taiwan partnership remains to be seen.