News · 16 January 2026
US and Taiwan Reach Deal: Lower Tariffs, Boost Investments
Photo by Winston Chen on Unsplash
The U.S. and Taiwan have reached an agreement where the U.S. will reduce tariffs on Taiwanese goods to 15% from 20%. In return, Taiwanese semiconductor and technology companies will make new, direct investments of at least $250 billion in the U.S., with the Taiwanese government providing another $250 billion in financing. This aims to boost U.S. semiconductor production and supply chains, with companies like TSMC expanding their U.S. operations.
Reported by BBC · How we write briefs