World’s No1 Bully-Trump | CNN Headline: Fear and resignation after ‘world’s most powerful company’ pays Trump a $100 billion ‘protection fee’
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TSMC CEO CC Wei, right, joins a press conference with President Donald Trump at the White House on March 3, 2025. – Andrew Harnik/Getty Images
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It was a surprise ceremony at the White House presided over by President Donald Trump to unveil a $100 billion investment from what he called the world’s most powerful company, Taiwan Semiconductor Manufacturing Company (TSMC).
But nearly 8,000 miles away, the mood was far from celebratory. Instead, the shock announcement last week has reignited fears in Taiwan about losing its crown jewel, its world-beating semiconductor industry, to the US due to political pressure.
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