US-Taiwan Trade Deal Nears: TSMC to Boost Chip Production in Arizona

• The Donald Trump administration is close to a trade agreement with Taiwan.
• The deal would significantly increase Taiwan Semiconductor Manufacturing Co.'s (TSMC) investment in US chip production.
• US tariffs on imports from Taiwan are expected to drop from 20% to 15%, aligning with South Korea and Japan.
• TSMC would commit to building at least four additional chip manufacturing facilities in Arizona, beyond current plans.
• This additional investment by TSMC could exceed $100 billion, with new factories completed in the 2030s.

Why It Matters: US-Taiwan trade deal to boost TSMC's chip manufacturing in Arizona, reducing tariffs.