The United States and Taiwan have signed a new trade agreement reducing tariffs across multiple sectors, strengthening semiconductor supply chains and bilateral trade.
President Donald Trump Donald Trump confirmed tariffs on Taiwanese exports will fall to 15%, linked to a $250bn Taiwanese investment in US semiconductor manufacturing. The deal aligns Taiwan’s tariff rate with those applied to Japan and South Korea.
The agreement removes US reciprocal tariffs on selected Taiwanese food imports while expanding market access for American exports.
Key developments:
• Taiwan commits to $44.4bn in liquefied natural gas and crude oil purchases.
• $15.2bn allocated for civil aircraft and engines.
• $25.2bn pledged for power equipment over three years.
• Tariff reductions apply to autos, chemicals, seafood, machinery, and agricultural products.
US Trade Representative Jamieson Greer Jamieson Greer said the deal strengthens high-technology supply chain resilience and expands US export opportunities.
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