🏛️🤝 US-Taiwan trade agreement finalized with tariff cuts and investment commitments
Oneliner
The US and Taiwan have finalized a trade agreement that caps US tariffs on Taiwanese imports at 15% and commits Taiwan to invest $250 billion in the US, focusing on semiconductors and energy. The deal, signed on February 12, 2026, will eliminate tariffs on many US agricultural imports and requires approval from Taiwan's parliament, where the opposition holds a majority. This agreement aims to strengthen economic ties and secure supply chains outside of China.
Key points
- The US-Taiwan trade agreement caps US tariffs on Taiwanese imports at 15%.
- Taiwan commits to invest $250 billion in the US, focusing on semiconductors and energy.
- The deal requires approval from Taiwan's parliament, where the opposition holds a majority.
- Taiwan will eliminate tariffs on many US agricultural imports, enhancing trade relations.
Links
- Reuters: US, Taiwan finalise deal to cut tariffs, boost purchases of US goods
- Reuters: Taiwan says its companies should decide on pledged US investments
- Die Welt: USA und Taiwan unterzeichnen Vereinbarung im Zollstreit
- T-Online: USA und Taiwan unterzeichnen Vereinbarung im Zollstreit
- Handelsblatt: Zölle: Handelsdeal mit Signalwirkung: USA und Taiwan vertiefen ihre Partnerschaft
Facts
- The agreement caps US tariffs on Taiwanese imports at 15%.
- Taiwan commits to invest $250 billion in the US, including $100 billion from TSMC.
- Taiwan will eliminate tariffs on many US agricultural imports, enhancing trade relations.
- The deal requires approval from Taiwan's parliament, where the opposition holds a majority.
Quotes
- This is a pivotal moment for Taiwan's economy and industries to ride the winds of change — Lai Ching-te
- This agreement will boost export opportunities for U.S. farmers, ranchers, fishermen, workers, and manufacturers — Jamieson Greer
Article
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