US-Taiwan Trade Deal: Taiwan Lowers Tariffs, Invests Billions in US Industries

• Trump administration reaches trade deal with Taiwan, lowering 99% of Taiwan's tariff barriers.
• Taiwan to invest $250 billion in US industries like computer chips, AI, and energy, with an additional $250 billion in credit guarantees for smaller businesses.
• The deal aims to ease the US's reliance on Taiwan for computer chips and address a nearly $127 billion trade imbalance.
• US tariffs on Taiwan's exports will be 15%, matching other Asia-Pacific partners like Japan and South Korea.
• TSMC, a chip-making giant, commits $165 billion to US investments, including fabrication plants and an R&D center.