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Trump: TSMC To Face 100% Tax if It Doesn't Build Plant in US
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US President Donald Trump said that he notified TSMC (TSM.US) that it will face a tax rate of up to 100% if it doesn't build a plant in the US. TSMC declined to comment.

The company announced in March that it is investing US$100 billion in the US, including the construction of 5 additional chip facilities over the next few years.

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