The US yesterday signed a trade deal with Taiwan, with the latter agreeing to remove or reduce 99 per cent of its tariff barriers, according to the Office of the US Trade Representative.
Taiwanese exports to the US will be taxed 15 per cent, the US government’s ‘most favoured nation’ rate.
Taiwan will make investments of $250 billion in US industries like computer chips, AI applications and energy.
Taiwanese exports to the US will be taxed 15 per cent, the US government’s ‘most favoured nation’ rate.
Taiwan will make investments of $250 billion in US industries like computer chips, AI applications and energy.