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semiconductor / news / / Devdiscourse

Taiwan is progressing toward securing a favorable tariff arrangement with the United States.

Taiwan and the U.S. are close to agreeing on reducing tariffs from 20% to 15%.

KEY POINTS
Taiwan is progressing toward securing a favorable tariff arrangement with the United States. Following recent negotiations in Washington, the two sides are nearing a consensus, aiming to reduce tariffs on Taiwanese exports from 20% to 15%. The Taiwanese cabinet's trade working group emphasized the potential strategic benefits, including a stronger trade balance and enhanced cooperation in the global AI supply chain. Vice Premier Cheng Li-chiun and trade envoy Yang Jen-ni spearheaded the talks. Insiders suggest an official announcement might be imminent, though timelines remain uncertain. Taiwan's semiconductor industry, a major player in the negotiations, seeks to expand its influence, with possible developments like TSMC's investments in the U.S. on the horizon.
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