Shares in Taiwan have fallen by more than 1% on Wednesday.
This came after President Trump said he told Taiwanese chip giant TSMC that it would face a 100% tax if it doesn't build more factories in the US.
He also criticised the Biden administration for providing a grant to TSMC, the world's largest maker of advanced semiconductors.
TSMC shares were broadly flat in early trading, while shares of Apple supplier Foxconn lost 3%.
The Taiwanese government has activated a $15bn (£11.7bn) stabilisation fund to support its financial market, which has slumped on tariff expectations.
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