TAIPEI (Taiwan News) — US President Donald Trump’s proposed 100% tariff on chips has prompted Taiwan’s government to convene an emergency meeting with top industry leaders.

Economics Minister Kuo Jyh-huei (郭智輝) met Thursday with executives from TSMC, UMC, Foxconn and others, seeking feedback, per CNA. Industrial Development Administration said the roundtable aimed to assess policy and prepare for contingencies.

Companies called on the government to push back against what they described as discriminatory trade policies that could disrupt global supply chains. Officials said Taiwan’s semiconductor industry has long been an essential partner to the US, providing advanced chips that support Washington’s leadership in AI and defense.

Trump’s proposed tariff would apply to all chips entering the US but would exempt companies that are building or have already have factories there. However, firms that fail to meet such commitments risk having tariffs applied retroactively.

Industry representatives drew parallels to previous US tariffs on steel, aluminum, and cars under Section 232. They urged the government to negotiate with Washington to protect Taiwan’s semiconductor exporters.

The economics ministry said it would make regular industry reports and maintain communication with chipmakers. It also emphasized the supply chain complementarity between Taiwan and the US.