US and Taiwan Approach Trade Agreement
A trade agreement between the United States and Taiwan is reportedly nearing completion. This deal is expected to reduce tariffs on Taiwanese exports and includes a commitment from Taiwan Semiconductor Manufacturing Corporation (TSMC), a leading global chipmaker, to construct more than five fabrication plants in Arizona. The agreement aims to strengthen economic ties and secure semiconductor supply chains.
Related Coverage
- TSMC Plans U.S. Expansion in Proposed Taiwan Tariff-Relief Deal
- Trump Administration Close to Finalizing Taiwan Trade Pact
- US-Taiwan near trade deal to lower tariff, boost TSMC facilities, NYT reports
