Taiwan says it has reached 'broad consensus' with US on tariff talks
The U.S. may cut tariffs on Taiwanese goods to 15% if TSMC builds at least five new chip fabs in Arizona, adding to $165 billion in planned U.S. investments.
- The Trump administration is nearing a trade deal with Taiwan that would lower tariffs on Taiwanese exports to 15% from 20%.
- Under the proposed deal, the Taiwan Semiconductor Manufacturing Co. would commit to building five new chip plants in Arizona.
- The deal could be announced this month but its timing and benefits remain uncertain as the Supreme Court may rule on Trump's global tariffs by January 14th.
33 Articles
33 Articles
The United States and Taiwan seem to have reached an agreement in the trade dispute. Taipei thus garnishes the deal with five semiconductor factories to be built by the Taiwanese manufacturer TSMC in Arizona.
Taiwan Trade Negotiation Agency ensures that the objective of trade negotiations with the United States was always to seek mutual tariff reductions without tax increases.
The US government agrees with Taiwan. Reciprocal tariffs are to be dismantled, the Taiwanese chip manufacturer TSMC is to invest in production in the US. Taiwan's semiconductor industry is to be "preferably treated."
Taiwan announced Tuesday that it had found a "general consensus" with the United States with a view to concluding a trade agreement, still not finalized since Donald Trump's customs offensive at the beginning of 2025. ...
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