No, secretary of commerce Lutnick said that the $65 billion deal was Biden's and was subsidized by the US ($6 billion).
He then bragged that Trump extorted TSMC using tariffs and forced TSMC to invest another $100 billion to avoid tariffs.
The US is using tariffs to have other nations build "their" industry. After that work is done, these nations will be ready to become new theaters for US proxy wars.
"America um under the Biden Administration uh tsmc received a $6 billion Grant and that encouraged them to build 65 billion dollar so America gave tsmc 10% of the money to build here and now you're seeing the power of Donald Trump's presidency because tsmc the greatest manufacturer of chips in the world is coming to America with a hundred billion dollar investment and of course that is backed by the fact that they can come here because they can avoid paying tariffs so the idea is come to America build greatness in America."
TSMC never pays tariffs anyways, whomever did the importing does so companies like Apple, GM, Tesla, etc.
An announced deal really should be worthless politically, we've all seen Foxconn or Apple announce big investments during Trump's first presidency for them to just walk it back later.
"TSMC plans to invest $65 billion to build three semiconductor fabs in north Phoenix, the largest investment in Arizona history." - https://www.azfamily.com/2024/11/16/tsmc-arizona-secures-fun...