Taiwan pledges chip talks with US, more investment in bid to appease Trump

Taiwan President Lai Ching-te pledged on Friday to talk with the United States about President Donald Trump’s concerns over the chip industry and to invest more in and buy more from the country, while ramping up defence spending.

Trump spoke critically about Taiwan on Thursday, saying he aimed to restore US manufacturing of semiconductor chips and repeating claims about Taiwan having taken away the industry he wanted back in the United States.