Taiwan says it wants to work closely with the United States to build a shared, “democratic” high tech and AI supply chain under a new tariffs deal. The agreement lowers U.S. tariffs on Taiwanese exports and gives chipmakers like TSMC incentives to expand production in the U.S., while Taiwanese companies plan to invest up to $500 billion through direct spending and credit support. Taiwan’s negotiator stressed this will not weaken Taiwan’s chip industry but instead help it grow globally. The move strengthens Taiwan and U.S. cooperation as Taiwan faces pressure from China and relies on the U.S. as its key supporter.
Taiwan Says It Will Lead a ‘Democratic’ High Tech Supply Chain With The US