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The U.S. and Taiwan signed a trade deal cutting 99% of Taiwan’s tariffs on U.S. goods, backed by $500 billion in investments and credit, pending Taiwan’s approval.
The Trump administration has signed a trade agreement with Taiwan that eliminates or reduces 99% of Taiwan’s tariffs on U.S. goods, with most Taiwanese exports now facing a 15% tariff, matching rates for Japan and South Korea.
The deal, aimed at reducing a $127 billion U.S. trade deficit driven by semiconductor exports, includes a $250 billion investment pledge from Taiwan in U.S. industries like semiconductors, AI, and energy, plus $250 billion in credit guarantees.
Taiwan’s president, Lai Ching-te, emphasized that investment decisions remain voluntary and that Taiwan’s core manufacturing and R&D will stay in Taiwan.
The agreement, which requires approval by Taiwan’s legislature, strengthens economic and strategic ties ahead of President Trump’s planned visit to China.
Los EE.UU. y Taiwán firmaron un acuerdo comercial que reduce el 99% de los aranceles de Taiwán a los bienes estadounidenses, respaldados por $ 500 mil millones en inversiones y crédito, pendiente de la aprobación de Taiwán.