US-Taiwan pact cuts tariffs to 15%, unlocks $500B chip investment push
TL;DR Summary
The US and Taiwan announced a trade agreement lowering tariffs on Taiwan-made goods to 15% and committing about $500 billion in Taiwanese-backed investments to expand US semiconductor, AI, and energy operations, including $250 billion in direct investments and $250 billion in credit guarantees to bolster the American chip supply chain.
Topics:business#chip-investment#credit-guarantees#economics#semiconductors#taiwan-us-trade-deal#tariffs
- US, Taiwan Clinch Deal to Cut Tariffs, Boost Chip Investment Bloomberg.com
- Taiwan will invest $250 billion in U.S. chipmaking under new trade deal CNBC
- Taiwan Reaches Trade Deal with Trump, Pledges More U.S. Chip Factories The New York Times
- US to cut tariffs on Taiwanese goods after investment pledge BBC
- US and Taiwan reach trade deal, with semiconductor chips and China in focus Reuters
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