Amid Trump’s chip tariff threat, can Penang remain ‘Silicon Valley of the East’?
While Penang’s chief minister told CNA that the state retains strong interest from American and Chinese multinational corporations, experts fear that a substantial tariff rate by Washington for the semiconductor sector could diminish its role in the global supply chain.
Source: https://www.channelnewsasia.com/asia/penang-tariffs-semiconductor-chips-silicon-valley-5399886
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