Taiwan President Lai Ching-te said Friday he would communicate more with the U.S. over President Donald Trump’s concerns over the chip industry and invest more in the U.S, hours after Trump ordered reciprocal tariffs on trade partners.

By Yimou Lee and Ben Blanchard TAIPEI (Reuters) -Taiwan President Lai Ching-te pledged on Friday to talk with the United States about President Donald Trump's concerns over the chip industry and to increase U.

Taiwan's Foxconn, the world's largest contract electronics manufacturer and Apple's main iPhone maker, can plan its production around new U.S. tariffs, the company's chairman said on Wednesday. U.S. President Donald Trump announced and then paused until March 4 an across-the-board 25% tariff on all U.