Is TSMC's "American Dream" Shattering? The Dilemma of China-US Industrial Transfer and the Reshaping of Global Industrial LandscapeThe difficulties faced by TSMC in the US reflect the complex nature of China-US industrial transfer, which goes beyond simple capital flows and involves multifaceted considerations, including culture, institutions, and labor. The US hopes to revitalize its domestic manufacturing industry by attracting companies like TSMC back, but it has failed to fully consider deep-seated issues within its own system...