Overview
- The U.S. Department of Commerce confirmed a deal setting a 15% cap on tariffs for most Taiwanese goods.
- Taiwan pledged at least $250 billion in new U.S. direct investment aimed at semiconductors and artificial intelligence.
- Sector rules include a 15% limit for items such as auto parts and wood products, with zero tariffs for generics and certain raw materials.
- Taipei described preferred treatment for semiconductors and related products, and Premier Cho Jung-tai called the agreement hard-won.
- Talks began after President Trump imposed 32% tariffs, later reduced to 20%, and some Taiwanese firms warn a 15% rate still strains thin margins.