Shares of Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) took a hit, dropping over 2% following comments made by Presidential candidate Donald Trump. As per a Reuters report, Trump suggested that Taiwan should compensate the United States for its defense. What Happened: Trump’s remarks, made during a Bloomberg Businessweek interview on June 25 and published on Tuesday, indicated that Taiwan should bear the cost of its defense. “I know the people very well, respect them greatly. They did take about 100% of our chip business. I think, Taiwan should pay us for defense,” he said. TSMC, a key…
