US-Taiwan pact cuts tariffs to 15%, unlocks $500B chip investment push

1 min read
Source: Bloomberg.com
US-Taiwan pact cuts tariffs to 15%, unlocks $500B chip investment push
Photo: Bloomberg.com
TL;DR

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.

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