US says it reached deal with Taiwan to lower tariffs, boost investments
Entertainment
WASHINGTON: The United States said Thursday (Jan 15) that it has signed a deal with Taiwan to reduce tariffs on goods from the island, while increasing Taiwanese semiconductor and tech companies' investments in America. The agreement, the US Commerce Department said, "will drive a massive reshoring of America's semiconductor sector". Under the deal, Washington will lower tariffs on Taiwanese goods to 15 per cent, down from a 20 per cent "reciprocal" rate meant to address US trade deficits and
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