Exactly. TSMC has no intention to build anything in the US because it would be too expensive and counter to Taiwan interests. But of course they need to play the role. They already started to delay the construction date.
1. https://www.tomshardware.com/news/tsmc-fab-21-arizona
Edit: They've apparently delayed the start of production to 2025 [2]. However, the situation with Foxconn is simply not comparable to what TSMC has invested.
2. https://www.anandtech.com/show/18966/tsmc-delays-arizona-fab...