Zhang Zhongmou Sees Sino-US Trade Dispute |

TSMC chairman Zhang Zhongmou was worried that the trade dispute between China and the United States may have plagued the Apple supply chain. However, he now believes that the situation is more optimistic than before and he is relatively happy to see the possible impact.

Recently, Zhang Zhongmou accepted a financial news visit and proposed new views on the development of Sino-U.S. trade disputes. He said that when the U.S. delegation was in Beijing, it did not refer to Sino-U.S. trade issues as a trade war but as a trade dispute. His attitude towards Sino-US trade is more optimistic than at the beginning of May.

Zhang Zhongmou stated that according to reports in the New York Times, when the U.S. delegation came to Beijing, it proposed eight requirements including China’s first reduction in its trade deficit of 100 billion U.S. dollars and two years’ reduction of 200 billion U.S. dollars. He believes that most of the requirements require negotiation space. He is the reason for his optimism.

When Zhang Zhongmou received an interview with the Financial Times in early May, he stated that Sino-U.S. trade disputes may have hit Apple's supply chain. He said that this Sino-US trade war is a challenge he has never faced.

TSMC said at the time that because the U.S.-China trade negotiations had not yet reached a friendly conclusion, if tariffs were to be extended to mobile devices and other electronic products, TSMC and other Apple supply chains would not be able to avoid being affected.

During the recent visit to Caixin, Zhang Zhongmou’s possible impact on Sino-U.S. trade disputes on Apple’s supply chain has also become more pleasant. He said that even if it has an impact on Apple’s supply chain, TSMC is not on the front line. To stay neutral, you will not choose to stand.

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