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Petecio not retiring, will try for LA berth

NESTHY PETECIO — REUTERS

TWO-TIME boxing Olympic medalist Nesthy Petecio recently rejected rumors that she is hanging up her boxing gloves and giving up on her dream of striking gold in the Los Angeles (LA) Games.

Walang hihinto hanggat walang ginto,” Ms. Petecio said during the Philippine Sportswriters Association Awards Night at the Manila Hotel recently.

But while Ms. Petecio’s heart and mind are willing, her body may not as the Tokyo silver and Paris bronze winner will be 35 by the time the next Olympics are staged in Los Angeles.

There is also another issue surrounding Ms. Petecio’s bid — LA possibly leaving boxing off its calendar.

Ms. Petecio, however, is optimistic there will be boxing in LA.

Ako, sobrang 100% ako na me Olympic boxing talaga,” she said.

Association of Boxing Alliances in the Philippines Secretary-General Marcus Manalo said Ms. Petecio will be given a chance to qualify.

“We’ll see and we’ll take it a year at a time and think of the Southeast Asian Games in Thailand this year first,” Mr. Manalo said.

“The most important thing is she must be with the national team and prepare early,” he added. — Joey Villar

Zamboanga crashes out of Dubai tourney with 3rd loss

ZAMBOANGA VALIENTES — FACEBOOK.COM/DUBAIBASKETBALLCHAMPIONSHIP

ZAMBOANGA VALIENTES folded to Lebanon’s Sagesse, 90-65, and bowed out of contention from the 34th Dubai International Basketball Championship at the Al Nasr Club.

The Valientes were left in the dust by the hot-shooting Lebanese in the first quarter, 8-26, and never recovered from there on en route to a 25-point loss.

Zamboanga fell to 0-3 in Group B to hit the showers early regardless of the outcome of its final match against the Tunisia national team (2-1).

Adonis Thomas and former PBA player Prince Caperal were the only bright spots for Zamboanga with 18 points each.

Former PBA import Shabazz Muhammad fired 32 points with eight rebounds, two assists and two steals to lead the way for Sagesse (2-1).

Zamboanga is the other Philippine club vying in Dubai aside from Strong Group Athletics, which for its part, is unbeaten in three games in Group A.

SGA, out to sweep the group stage against Amman United of Jordan at press time, drubbed the United Arab Emirates national team, 99-91, host Al Nasr, 99-87 and Lebanon’s Beirut First, 95-88. — John Bryan Ulanday

76ers pull away after Lakers’ Anthony Davis leaves game

TYRESE MAXEY scored 43 points as the short-handed Philadelphia 76ers used a dominating second quarter to power a 118-104 victory over the visiting Los Angeles Lakers and extend their winning streak to three.

LeBron James amassed 31 points, eight rebounds and nine assists for the Lakers, who lost star center Anthony Davis in the first quarter to an abdominal strain.

Kelly Oubre Jr. added 20 points eight rebounds and five assists as the 76ers won without Paul George, sidelined due to a finger injury, and Joel Embiid, who hasn’t played since Jan. 4 due to knee soreness.

Philadelphia’s Ricky Council IV put up 16 points while Eric Gordon and Guerschon Yabusele each added 14.

Maxey has scored at least 28 points in each of his past 11 games, and he hit 30 points in six of those contests.

Rookie Dalton Knecht scored 24 points and Austin Reaves added 13 points and eight assists for Los Angeles, which gave up 27 points on 22 turnovers.

Lakers rookie Bronny James saw time in each half and was held scoreless on 0-of-5 shooting in 15 minutes.

With the Lakers playing on the second night of a back-to-back and the 76ers playing on the opening night of their own back-to-back, the teams were even 25-25 after one quarter.

Without Davis to anchor the Lakers’ defense in the second quarter, Philadelphia scored 48 points to take a 73-57 lead into halftime. It was the 76ers’ largest output in a half this season as they received 27 points from Maxey and shot 57.1% from the floor as a team.

Los Angeles was held to 19 points in the third quarter as Philadelphia expanded its lead to 99-76. Maxey had 41 points through three quarters, reaching 40 for the third time this season.

Davis departed one night after he scored 42 points and pulled down 23 rebounds in a victory over the Charlotte Hornets. Los Angeles fell to 4-2 on the second night of back-to-back sets.

The Sixers are on their longest winning streak since winning four consecutive from Dec. 23-30. Embiid played in all four of those contests.

Philadelphia was 1-8 to begin Embiid’s latest absence before the current three-game run. Reuters

Jalen Green, Rockets hold off pesky Hawks

JALEN GREEN scored 25 points as the Houston Rockets extended their winning streak to four games with a 100-96 win over the host Atlanta Hawks late Tuesday.

Alperen Sengun posted 18 points and 10 rebounds while Jae’Sean Tate came off the bench to add a season-high 16 points for Houston.

Trae Young had 21 points and nine assists, reserve De’Andre Hunter scored 16 points and Dyson Daniels paired 12 points with 10 boards for the Hawks, who rallied late before falling for the sixth straight game.

The Rockets looked like they had the victory all locked up when they led by 16 points inside the final five minutes of the contest, but Daniels led the way during a 16-2 run to help the Hawks draw within 98-96 with 46.9 seconds to go.

Daniels ended that burst with a free throw. Before he went to the line, a frustrated Dillon Brooks grabbed Young’s neck, leading to a double technical between him and the Hawks star guard for heated verbal exchanges.

Hunter missed a wide-open 3-point attempt with 12.9 seconds remaining that would have given the Hawks the lead, and Sengun closed the scoring with a dunk.

The Rockets took an 82-73 lead into the fourth quarter, where they eventually saw the advantage grow to 96-80 thanks to a Green layup with 5:16 to go.

Hunter connected on a triple 36 seconds later to ignite the run that almost brought Atlanta all the way back.

It was Houston that got off to a fast start, going up 7-2 before the Hawks rattled off 14 unanswered points. Atlanta led 27-22 after 12 minutes of action.

Green then came to life in the second quarter, scoring the Rockets’ first nine points of the period. Houston led by as many as five in the frame but trailed 50-49 at the break after the hosts put up seven of the final nine points of the first half. Reuters

Chiefs-Bills scores massive ratings; NFC title game down

THE KANSAS CITY Chiefs’ 32-29 win on Sunday over the Buffalo Bills was the most-watched AFC Championship game in history with 57.4 million viewers on CBS, according to multiple reports.

That eclipsed the 55.5 million set the previous year for the Chiefs’ 17-10 victory against the Baltimore Ravens. It also made it the most-watched AFC title game since the late 1980s advent of Nielsen’s People Meter measurement system, according to Front Office Sports.

It was the highest number for any AFC or NFC title game since the New York Giants’ 20-17 triumph against the San Francisco 49ers had an audience of 57.6 million on Jan. 22, 2012.

Sunday’s NFC Championship on FOX, played in the earlier broadcast slot, averaged 44.2 million viewers to see the Philadelphia Eagles roll to a 55-23 win over the Washington Commanders.

That was the lowest number for an NFC title game since the 2018 season.

In addition to the later time slot, potential reasons for the much higher audience for Chiefs-Bills include the game being closer and featuring two high-profile quarterbacks — the Chiefs’ Patrick Mahomes and the Bills’ Josh Allen — as well as the presence at the game of pop star Taylor Swift, the girlfriend of Kansas City tight end Travis Kelce. Reuters

Woods rues decision to move Genesis to Torrey Pines due to California wildfires

TIGER WOODS admitted that it was “very difficult” to relocate the Genesis Invitational to Torrey Pines Golf Course in San Diego in the wake of the wildfires in California.

Riviera Country Club is in the hard-hit Pacific Palisades section of Los Angeles and was set to hold the Feb. 13-16 tournament, which is hosted by Woods and his foundation.

“The meeting we had was very difficult with the Watanabes (Riviera CC’s owners),” Woods said Monday after his Jupiter Links Golf Club team posted a 4-3 win in overtime against Rory McIlroy’s Boston Common Golf squad in TGL action. “Riv is just not ready. We want to stay on the West Coast, and it narrowed those options down to possibly up near Pebble or to Phoenix or to Vegas or to San Diego or to Palm Springs.

There were so many different options out on the table, and we were trying to be understanding to all the victims.”

“I think it’s important that we were able to stay in Southern California because everyone who was born and raised out in Southern Cal can all relate to the fires. It’s a difficult situation, and we want to be very sensitive to that.”

Woods was born and raised in Southern California.

Torrey Pines, an annual tour stop since 1968, was the site of last week’s Farmers Insurance Open. The municipal course also hosted the 2008 and 2021 US Opens, won by Woods and Spaniard Jon Rahm, respectively.

The PGA Tour said the Genesis Invitational is expected to return to Riviera in 2026. The course also is scheduled to host the golf events in the 2028 Los Angeles Olympics. Reuters

Trump still expected to impose Feb. 1 tariffs on Canada and Mexico

STOCK PHOTO | Image by Pexels from Pixabay

WASHINGTON — US President Donald Trump still plans to make good on his promise to issue tariffs on Canada and Mexico on Saturday, White House spokeswoman Karoline Leavitt said on Tuesday.

Ms. Leavitt told reporters in her first White House press briefing that Mr. Trump also is still “very much” considering fresh tariffs on China for Saturday.

Shortly after taking office last week, Mr. Trump set a Feb. 1 deadline for imposing 25% tariffs on imports from Mexico and Canada unless the countries move to halt flows of illegal immigrants and the deadly opioid fentanyl into the US. He also said he would slap a 10% tariff on Chinese goods over that country’s role in the fentanyl trade.

Asked about the Saturday deadline for Canada and Mexico, Ms. Leavitt said Trump has said it “still holds.”

“The president has also put out specific statements in terms of Canada and Mexico, when it comes to what he expects in terms of border security.” Ms. Leavitt added. “We have seen a historic level of cooperation from Mexico. But again, as far as I’m still tracking, and that was last night talking to the president directly, Feb. 1 is still on the books.”

She did not specify what actions Canada, Mexico and China needed to take to avert the tariffs. Trump, who first threatened the punitive duties in late November, has said that the tariffs would remain in place until the flows of migrants and drugs stop.

On Sunday, Trump forced Colombia to accept US deportations of illegal immigrants, including via military aircraft, after threatening Latin America’s fourth largest economy with 25% tariffs. For about 10 hours, Colombian President Gustavo Petro’s refusal to accept military aircraft loaded with deported Colombian nationals and threats to match Trump’s tariffs had the two free trade partners reeling toward an unexpected tariff war.

FAR BIGGER STAKES
The stakes are far higher in Trump’s tariff threats against Mexico, Canada and China, the three largest US trading partners accounting for over $2.1 trillion in annual imports and exports.

Colombia was the US’ 23rd largest trading partner in 2023, accounting for $33.8 billion worth of two-way trade, and a $1.6-billion US trade surplus, according to US Census Bureau data. Colombia’s economy is highly dependent on exports to the US, which made up 29% of its total exports for the first 11 months of 2024, according to the country’s statistics agency.

Disrupting trade flows within the highly integrated North American economy would be very costly, said Mary Lovely, a trade economist at the Peterson Institute for International Economics.

Among the biggest impacts would be the auto industry, where parts and components can cross national borders several times before a vehicle’s final assembly in the US, Canada or Mexico.

“That’s kind of a sobering fact that lays in the direction of doing something that either pushes this can down the road or which finds a way to resolve this,” Ms. Lovely said.

She added that Canada and Mexico “have to be thinking the US has a lot to lose here, too. They’re not Colombia.”

Howard Lutnick, Trump’s nominee for Commerce secretary who has been designated leader of trade strategy, faces senators on Wednesday for a confirmation hearing. His prepared remarks revealed no new details about Trump’s trade plans. — Reuters

Atomic scientists adjust ‘Doomsday Clock’ closer than ever to midnight

A PHOTOGRAPHER stands by the Doomsday Clock during a news conference after the Bulletin of the Atomic Scientists announced the location of the clock’s minute hand, indicating what world developments mean for the perceived likelihood of nuclear catastrophe, at the US Institute of Peace in Washington, US on Jan. 28, 2025. — REUTERS

WASHINGTON — Atomic scientists on Tuesday moved their “Doomsday Clock” closer to midnight than ever before, citing Russian nuclear threats amid its invasion of Ukraine, tensions in other world hot spots, military applications of artificial intelligence (AI) and climate change as factors underlying the risks of global catastrophe.

The Bulletin of the Atomic Scientists set the clock to 89 seconds before midnight — the theoretical point of annihilation. That is one second closer than it was set last year. The Chicago-based nonprofit created the clock in 1947 during the Cold War tensions that followed World War II to warn the public about how close humankind was to destroying the world.

“The factors shaping this year’s decision — nuclear risk, climate change, the potential misuse of advances in biological science and a variety of other emerging technologies such as artificial intelligence — were not new in 2024. But we have seen insufficient progress in addressing the key challenges, and in many cases this is leading to increasingly negative and worrisome effects,” said Daniel Holz, chair of the Bulletin’s Science and Security Board.

“Setting the Doomsday Clock at 89 seconds to midnight is a warning to all world leaders,” Mr. Holz added.

The organization said the United States, China and Russia have the prime responsibility to pull the world back from the brink, and urged good-faith international dialogue. At a news conference announcing the decision, Nobel Peace Prize Laureate Juan Manuel Santos, Colombia’s former president, said, “This is a bleak picture but it is not yet irreversible.”

Russia’s 2022 invasion of Ukraine launched Europe’s bloodiest conflict since World War II.

“The war in Ukraine continues to loom as a large source of nuclear risk. That conflict could escalate to include nuclear weapons at any moment due to a rash decision or through accident and miscalculation,” Mr. Holz said.

Russian President Vladimir Putin in November lowered the threshold for a nuclear strike in response to a broader range of conventional attacks, a move the Kremlin described as a signal to the West amid a war in which Ukraine has received arms supplied by the United States and its allies. Russia’s updated doctrine set a framework for conditions under which Mr. Putin could order a strike from the world’s biggest nuclear arsenal.

Russia said in October it will not discuss signing a new treaty with the United States to replace the New Strategic Arms Reduction Treaty limiting each side’s strategic nuclear weapons that expires in 2026 because Moscow believes it must be broadened and expanded to cover other countries.

“Russian aggression in Ukraine, including repeated use of nuclear threats since the war began, has been disturbing. In addition, Russia’s recent backtracking from important arms control treaties is an alarming sign of increasing nuclear risk,” Mr. Holz said.

‘DANGEROUSLY UNSTABLE’
The Middle East has been another source of instability with the Israel-Gaza war and broader regional hostilities involving countries including Iran. Nuclear-armed China has stepped up military pressure near Taiwan and nuclear-armed North Korea continues testing various ballistic missiles.

“We are watching closely and hope that the ceasefire in Gaza will hold. Tensions in the Middle East including with Iran are still dangerously unstable,” Mr. Holz said. “There are other potential hot spots around the world, including Taiwan and North Korea. Any of these could turn into a conflagration involving nuclear powers, with unpredictable and potentially devastating outcomes.”

Artificial intelligence made rapid gains in capability and popularity in 2024, prompting increasing concern among some experts about its military applications and its risks to global security. In the United States, then-President Joseph Biden in October signed an executive order intended to reduce the risks that AI poses to national security, the economy and public health or safety. His successor Donald Trump last week revoked it.

“Advances in AI are beginning to show up on the battlefield in tentative but worrisome ways, and of particular concern is the future possibility of AI applications to nuclear weapons. In addition, AI is increasingly disrupting the world’s information ecosystem. AI-fueled disinformation and misinformation will only add to this dysfunction,” Mr. Holz said.

Last year was the hottest in recorded history, according to the UN World Meteorological Organization. Climate change is worsening storms and raising the risk of wildfires, according to scientists.

“While there has been impressive growth in wind and solar energy, the world is still falling short of what is necessary to prevent the worst aspects of climate change,” Mr. Holz said.

The Bulletin was founded in 1945 by scientists including Albert Einstein and J. Robert Oppenheimer. — Reuters

Thailand expects high-speed rail link to China to operate from 2030

REUTERS

BANGKOK — Thailand expects its 609-kilometer (378 miles) portion of a high-speed railway that will connect it with China through Laos to begin operations in 2030, its government said on Wednesday, nearly a decade later than originally planned.

More than a third of construction has been completed in the segment connecting the capital Bangkok to the city of Nakhon Ratchasima, about 220 km away and the whole line to Nong Khai at the border with Laos would be ready by 2030, said Thai government spokesperson Jirayu Houngsub.

A $6 billion, 1000 km rail line from the Laotian capital Vientiane to the southwestern Chinese city of Kunming began service in 2021, a venture 70% owned by Beijing. That line will connect with Thailand’s Nong Khai via Vientiane, about 25 km away.

“This is an opportunity for Thailand to connect to the global economy,” Mr. Jirayu said, adding it would bring Thailand closer to its goal of becoming a logistics hub.

The announcement comes a year after China urged Thailand to progress faster on the rail link.

Discussions on the rail line started nearly two decades ago and Thailand and China signed agreements on its construction in 2017 with plans to begin operations in 2021. But construction met delays over disagreements on financing and design, and disruption from the COVID-19 pandemic.

The plan is part of Chinese President Xi Jinping’s ambitious Belt and Road trade and infrastructure initiative, which includes plans for three routes originating in Kunming that pass through Myanmar, Thailand and Vietnam.

Vietnam plans to build a 1,541 km (958-mile) high-speed rail line linking its two biggest cities, Hanoi and Ho Chi Minh City, at a cost of more than $67 billion, targeting the start of operations in 2035. It also plans a $7.2-billion railway from its border with China’s Yunnan province to Hanoi, the port city of Haiphong and Ha Long City. — Reuters

Poll: 85% of Greenlanders do not want to be part of the US

STOCKHOLM — An opinion poll indicated on Tuesday that 85% of Greenlanders do not wish their Arctic island — a semi-autonomous Danish territory —  to become a part of the United States, Danish daily Berlingske reported.

US President Donald Trump said earlier this month that Greenland was vital to US security and Denmark should give up control of the strategically important island.

The survey by pollster Verian, commissioned by the Danish paper, showed only 6% of Greenlanders are in favor of becoming part of the US, with 9% undecided, Berlingske said.

Denmark said on Monday it would spend 14.6 billion crowns ($2.04 billion) on boosting its military presence in the Arctic.

Greenland — with a land mass larger than Mexico and a population of 57,000 — was granted broad self-governing autonomy in 2009, including the right to declare independence from Denmark through a referendum.

Greenland Prime Minister Mute Egede, who has stepped up a push for independence, has repeatedly said the island is not for sale and that it is up to its people to decide their future.

The US military has a permanent presence at the Pituffik Space Base in northwestern Greenland, a strategic location for its ballistic missile early-warning system, as the shortest route from Europe to North America runs via the island. — Reuters

Trump’s freeze on US aid rings alarm bells from Thailand to Ukraine

Visitors walk up a stair during the opening of the restoration project at the historic Bimaristan Al-Muayyad Sheikh, one of the oldest hospitals following extensive renovations carried out in partnership between Egypt’s Tourism and Antiquities Ministry and the United States Agency for International Development (USAID) in Old Cairo, Egypt Aug. 18, 2024. — REUTERS

BERLIN/BANGKOK/LONDON — Field hospitals in Thai refugee camps, landmine clearance in war zones, and drugs to treat millions suffering from diseases such as HIV are among the programs facing the chop as President Donald Trump contemplates massive cuts to US foreign aid.

Mr. Trump last week paused development assistance from the US Agency for International Development for 90 days to assess compatibility with his “America First” policy, setting alarm bells ringing among aid groups around the world that depend on US largesse.

Humanitarian organizations and UN agencies say they could face drastic curbs on their ability to distribute food, shelter and healthcare if the freeze becomes permanent.

The US is by far the biggest contributor to global humanitarian aid, supplying an estimated $13.9 billion in 2024, accounting for 42% of all aid tracked by the United Nations.

Clinics at camps in Thailand providing shelter for about 100,000 refugees from Myanmar were ordered to shut after the US froze funding to the International Rescue Committee, according to a senior aid worker.

Washington said it would grant waivers to the freeze in some areas including emergency food assistance, according to a memo seen by Reuters. Bangladesh’s government said in a statement that the US had granted a waiver for emergency food aid to more than a million Rohingya refugees sheltering in Bangladesh.

But the exemption does not apply to other humanitarian programming. A Bangladesh-based aid worker said organizations working on shelter, for example, would not be able to buy new materials for building and fixing homes for refugees.

The cuts will also affect the supply of lifesaving drugs for HIV, malaria and tuberculosis around the globe, which millions of people depend on, according to another memo seen by Reuters.

On Tuesday, contractors and partners who work with USAID began receiving such memos to stop work immediately.

‘CATASTROPHIC’
“This is catastrophic,” said Atul Gawande, former head of global health at USAID who left the agency this month. “Donated drug supplies keeping 20 million people living with HIV alive. That stops today.”

The cuts will affect organizations working with 6.5 million orphans and vulnerable children with HIV in 23 countries, Gawande said.

World Food Program Country Director for Afghanistan Hsiao-Wei Lee told Reuters she was concerned about the freeze given that the WFP was already only receiving about half the aid it needed for Afghanistan, and that over 6 million people were surviving on “just bread and tea.”

The WFP received $4.7 billion from the US last year, accounting for 54% of its funding, according to the UN.

Some NGOs are resorting to donations from the public to fund the shortfall caused by the freeze. The Freeland Foundation, a counter-trafficking group in Bangkok, has started a GoFundMe to get it through the 90-day freeze.

“Two days ago, the new Trump administration suddenly froze all foreign aid, including our wildlife protection programs,” the group said. “Poachers and traffickers will not freeze their operations. Can you help us keep our frontline teams going for 90 days until the freeze is lifted?”

The order to freeze funding has thrown USAID missions and their partners into chaos, with many organizations unsure whether to lay off staff, start selling assets such as cars or tell employees to take unpaid leave, according to a source at the agency. USAID has been forbidden from communicating with implementing partners except to say funds have been paused, the person said.

“These are people we work with on a daily basis,” the source added. “We can’t speak with them any more.”

Other agencies said they would be unaffected by the freeze. United Nations High Commissioner for Refugees spokesperson Matthew Saltmarsh said the agency didn’t receive funding from USAID.

Independent media outlets that receive external funding in countries with authoritarian governments may struggle to survive, say media freedom activists.

In Georgia, where a “foreign agents law” passed last year established punitive fines for NGOs that fail to declare receiving more than 20% of their funding from overseas, Shalva Papuashvili, speaker of parliament from the Georgian Dream ruling party, welcomed the US aid freeze.

“I was pleasantly surprised when Trump’s executive order was based on the fact that international assistance, in some cases, is used to create certain… chaos on the ground, including harming US interests,” he was quoted as saying by Georgian media.

LANDMINES AND EDUCATION
In 2023, the US was the largest landmine action donor with a total contribution of $310 million, representing 39% of all international support, according to the International Campaign to Ban Landmines. Syria, Myanmar, Ukraine and Afghanistan were among the countries where uncleared mines claim most lives.

The State Department said on Sunday that the US government must refocus on American national interests in its role as steward of taxpayer dollars.

“President Trump stated clearly that the United States is no longer going to blindly dole out money with no return for the American people. Reviewing and realigning foreign assistance on behalf of hardworking taxpayers is not just the right thing to do, it is a moral imperative,” the State Department said.

Oksana Matiiash, board chair at Teach for Ukraine, an NGO that trains graduates and specialists as teachers to improve the education system, said there was growing panic in Ukraine’s NGO sector.

“It’s not just funding that’s frozen. Behind every grant are real people working in unimaginable conditions,” Matiiash wrote on LinkedIn. — Reuters

Taiwan may offer help for industry over Trump tariff threats

REUTERS

TAIPEI — Taiwan’s government will soon look at whether it needs to help its domestic industry over threats by U.S. President Donald Trump to put tariffs on semiconductors, Premier Cho Jung-tai said on Wednesday.

Home to the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co. (TSMC) , the island is a key link in the global technology supply chain for companies such as Apple and Nvidia.

Trump said on Monday he plans to impose tariffs on imported chips, pharmaceuticals and steel to get the producers to make them in the United States.

Responding to a question on Trump’s remarks, Cho said the economy ministry and other departments have been paying close attention to the “developments of the past few days.”

“In a day or two we will urgently look at whether we need to make more cooperative plans and future assistance programs for the industrial sector,” he added. “I would like to reassure our compatriots that Taiwan’s position in the world’s industrial chain is not to be ignored, and that we will continue to maintain such an advantage.”

Taiwan has to continue to strive for more cooperation externally and to maintain its leadership in the industrial and technological sectors, Cho added.

In 2020, under the first Trump administration, TSMC announced that it would build a $12 billion factory in Arizona in a win for efforts by the US government to wrestle global tech supply chains back from China. It later boosted those plans with the total investment now standing at $65 billion.

TSMC has declined to comment on Trump’s latest tariff remarks.

This month, Taiwan Economy Minister Kuo Jyh-huei said he only expected a small impact from any tariffs imposed by Trump on semiconductor exports given their technological superiority.

In another potential challenge for Taiwan, Mr. Trump last week directed federal agencies to investigate persistent US trade deficits and unfair trade practices and alleged currency manipulation by other countries.

Taiwan’s trade surplus with the United States surged 83% last year compared with 2023, with exports to the U.S. hitting a record $111.4 billion driven by demand for high-tech products such as semiconductors. — Reuters