INSUBCONTINENT EXCLUSIVE:
partners fail to obtain appropriate import, export or re-export licenses or permits or are found to have violated applicable export control
or sanctions laws, TSMC may also be adversely affected, through reputational harm as well as other negative consequences, including
government investigations and penalties resulting from relevant legal proceedings," TSMC warned.TSMC is thriving despite years of tariffs
and export controls, its report said, with at least one analyst suggesting that, so far, the company appears "somewhat tariff-proof."
However, all of that could be changing fast, as "US President Donald Trump announced in 2025 an intention to impose more expansive tariffs
on imports into the United States," TSMC said."Any tariffs imposed on imports of semiconductors and products incorporating chips into the
and services and adversely affect its business and future growth," TSMC said.And if TSMC's business is rattled by escalations in the
US-China trade war, TSMC warned, that risks disrupting the entire global semiconductor supply chain.Trump's semiconductor tariff plans
About a week ago, Trump claimed the rates would be unveiled "over the next week," Reuters reported, which means they could be announced any