US says it reached deal with Taiwan to lower tariffs and boost investments

US to lower tariffs on Taiwanese goods to 15% as chip and tech businesses pledge $250bn spending in US operationsThe US said on Thursday that it has signed a deal with Taiwan to reduce tariffs on goods from the democratic island, while increasing Taiwanese semiconductor and tech companies’ investments in America.The agreement, the US commerce department said, “will drive a massive reshoring of America’s semiconductor sector”. Continue reading...