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.

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.

To push the tech industry to migrate chip manufacturing to the US, Trump has threatened to impose tariffs as high as 100% on all foreign-made processors.