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US Cuts Taiwan Tariffs After $250B Investment Pledge
In exchange for at least $250 billion in new, direct investments from Taiwanese semiconductor and technology firms, the U.S. will reduce tariffs on goods from Taiwan to 15. This agreement, spurred by pandemic-era supply chain vulnerabilities, aims to bolster domestic semiconductor production and reduce reliance on foreign sources. The U.S. government has allocated substantial subsidies to attract companies like TSMC, which is accelerating its U.S. investments, signaling a significant shift in the semiconductor market landscape.
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