Latest news with #KuoJyh-Huei
Bloomberg
10-04-2025
- Business
- Bloomberg
Taiwan Aims to Triple US Share of LNG Imports to Avoid Tariffs
Taiwan is planning a surge in US purchases over the next decade that would triple the share of American liquefied natural gas in the island's mix. State-operated entities could buy goods worth NT$200 billion ($6 billion) from the US over the next 10 years, Minister of Economic Affairs Kuo Jyh-Huei said Thursday, according to a report from Taipei-based Economic Daily News. The purchases would include boosting the share of US LNG in Taiwan's total imports to 30% from current levels around 10%, he said.
Bloomberg
04-03-2025
- Business
- Bloomberg
Taiwan Minister Says Concerns TSMC to Be Americanized Overblown
Taiwan's government downplayed concerns that Taiwan Semiconductor Manufacturing Co.'s plans to invest a further $100 billion in the US will effectively lead to the chip-making giant becoming Americanized. 'TSMC already has plants in the US and Japan, and it's now building new a plant in Germany,' Minister of Economic Affairs Kuo Jyh-Huei told reporters on Tuesday. 'These have nothing to do with tariffs. TSMC's global expansion is a crucial development.'
