Taiwan and U.S. strike $500 billion trade deal to build strategic AI partnership and chip dominance
Taiwan and the United States have finalized a trade agreement that slashes tariffs from 20% to 15% in exchange for $250 billion in Taiwanese investment in semiconductors, energy, and AI operations. The deal includes another $250 billion in credit guarantees and offers zero tariffs within manufacturing quotas, aiming to reshape America's semiconductor sector while preserving Taiwan's vital chip industry.