Might as well call TSMC 'ASMC' now - they got to relocate lock, stock and barrel.

The price for being a political proxy of the US is high

Not that Trump is directly trying to solve it, but TSMC being in Taiwan has been a geopolitical problem for a long time. It's even more of a problem in a situation where China catches up on fabbing, which feels less like an "if" and more like a "when, if not already".