Analysis: Trump says Taiwan stole America’s chip industry. But that’s not true | CNN Business

Taipei, Taiwan CNN  — 

Former US President Donald Trump raised eyebrows last week when he accused Taiwan of snatching America’s crown in the $500 billion business of making computer chips.

In an interview with Bloomberg Businessweek, the Republican presidential nominee repeated his assertion, first made last year, that the island democracy and US ally had taken “almost 100%” of the industry from the United States. “We should have never let that happen,” he added.

Except, it didn’t. Industry experts tell CNN that, far from stealing, Taiwan grew its own semiconductor industry organically through a combination of

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