Taiwan signaled promising progress toward a tariff agreement with the United States as its trade negotiators headed to Washington for the latest round of talks. Both sides are expected to announce areas of agreement, marking a step forward in strengthening bilateral trade relations.
The negotiations aim to reduce reciprocal tariffs, including lowering Taiwan’s export tariffs from 20% to 15%, secure most-favored-nation treatment for semiconductors and related products, and support a healthier trade balance. Taiwan’s delegation, led by Vice Premier Cheng Li-chiun and trade envoy Yang Jen-ni, is also focused on fostering a strategic partnership in the global AI supply chain.
This deal is expected to encourage investment and collaboration in the semiconductor sector, with reports indicating that Taiwan’s chipmakers, including TSMC, could expand facilities in the U.S., complementing existing commitments. Such initiatives are seen as key to strengthening tech clusters and supporting long-term innovation.
Taiwan reaffirmed that it has already reached consensus with the U.S. on preferential treatment for semiconductors, which will be publicly clarified following this round of consultations. The potential agreement highlights growing cooperation and optimism in trade, benefiting both economies and the broader tech industry.
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