US Commerce head notes China ‘isn’t even shy’ about its goal to ‘take’ Taiwan, says US-Taiwan tariff deal coming soon — goal is to have 40% of chips made in America

Commerce Secretary Howard Lutnick said Saturday that a major semiconductor deal with Taiwan is coming “pretty soon,” signaling a potential breakthrough in U.S. efforts to shore up domestic chip production and reduce reliance on a single, geopolitically vulnerable supplier. The comment came during an interview with NewsNation, where he also set an ambitious target of increasing U.S. chip production to 40% of national needs before he leaves office.

Speaking about “… countries that need to react…