Liu Liangqing Daily Visit from the Chairman of the National Development Committee: USD chip tax-related impact on Taiwan s limited

 8:38am, 30 August 2025

When interviewed by Nikkei Asia on the 25th, Liu Yangqing, the chairman of the National Development, said that even if the administration of US President Donald Trump issued threatening chip taxes, Taiwan Power will not be affected too much.

According to reports, Liu Yangqing, who also serves as the legal director of Taiwan Electric Power, pointed out: "Taiwan Electric Power is making direct investments in the United States, so only 1% of the semiconductor parts directly sell the United States."

The global wafer foundry Longtou NTD has set up a wafer factory in the United States and has started operations. It also announced in March that it had invested an additional US$100 billion (about NTD 356 billion) in the United States.

Speaking of the overall impact of tax responsibilities on Taiwanese companies, Liu Liangqing said that "75% of exported products are not currently affected"; the other 25% are mostly goods such as steel and aluminium that have been tax-related.

He also said that Taiwan is negotiating with the states where Taiwanese companies and American factories are located to reduce tax liabilities in domestic enterprises, especially in states with larger semiconductor production such as Texas and Arizona. He expressed his hope that Taiwanese companies will receive local tax benefits when they decide to go to the United States to build facilities.

Liu Yangqing also discussed that a Japanese businessman TEL, a former Taiwanese subsidiary of TEL, was suspected of ejaculating the secrets of Taiwan's electric power business. He said: "The company (Taiwan Electric) will decide how to respond based on the results of the investigation."

Liu Liangqing pointed out that Taiwanese companies have established deep relations with Japanese chip manufacturing machinery and equipment manufacturers, "this incident will not affect this relationship." He also expressed his intention to attract overseas talents to Taiwan. The National Development Association plans to broaden the conditions for recruiting top universities around the world and plans to expand existing systems this year.

Liu Liangqing attended the "Taiwan-Japan Innovation Summit" held in Tokyo on the 25th. He said in his opening speech: "When Taiwan's new foundry companies are being launched globally, Japan is often selected as the first stop." He believes that this is due to the fact that Taiwan and Japan have many common cultural points, and he also hopes that the new foundry companies in both Taiwan and Japan can further deepen exchanges.