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Trump team negotiating trade deal with Taiwan that could help train US workers, sources say
Taiwanese firms plan new U.S. investments and worker training to boost semiconductor production amid talks to reduce a 20% tariff on exports, officials said.
- On Wednesday, the Trump administration is negotiating a deal for Taiwanese companies including TSMC to invest in and train U.S. semiconductor and advanced‑industry workers, according to sources familiar with the matter.
- Tariff policy and semiconductor exemptions have framed bargaining, with Taipei seeking cuts to a 20% tariff and Trump proposing about 100% tariffs exempting U.S.-made chips, this month.
- TSMC is investing $165 billion in Arizona and faces workforce challenges as CEO C.C. Wei said construction took twice as long and half the workers were imported.
- It was unclear when the U.S. Trade Representative's office would finalize the deal, and White House spokesman Kush Desai said `Until announced by President Trump, reporting about potential trade deals is speculation`.
- One of the people said Taiwan's pledged U.S. investment would be smaller than that of its main regional rivals and include support to build science-park infrastructure; South Korea and Japan pledged $350 billion and $550 billion respectively.
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Exclusive: Trump team negotiating trade deal with Taiwan that could help train US workers, sources say
Under the arrangement, Taiwanese companies including TSMC, the world's largest contract chipmaker, would send new capital and workers to expand their U.S. operations and train U.S. workers.
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TSMC and US in Talks to Expand Chip Production and Worker Training
The administration of US President Donald Trump is negotiating a potential agreement with Taiwan that could see the island commit to new investment and worker training in advanced industries such as semiconductor manufacturing. According to people familiar with the discussions, the deal would strengthen cooperation between Taiwanese firms and US industries while supporting Washington’s efforts […] The post TSMC and US in Talks to Expand Chip Pro…
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Total News Sources9
Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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