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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
- The upcoming tariff cut is expected to strengthen Taiwan-U.S. collaboration in the AI supply chain.
- Taiwan's Vice Premier Cheng Li-chiun and envoy Yang Jen-ni led the recent trade negotiations.
- Taiwan's semiconductor sector, including TSMC, aims to expand U.S. investments due to this deal.
COMPANIES
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