US, Taiwan Clinch Deal To Cut Tariffs, Boost Chip Investment
Published on: Jan. 16, 2026, 7:02 a.m. | Source: NDTV Profit
Taiwans technology industry would also commit to making at least $250 billion in direct investments to expand advanced semiconductor, energy and artificial intelligence operations in the US. That includes previous commitments by Taiwan Semiconductor Manufacturing Co., Commerce Secretary Howard Lutnick said, which total $165 billion. In addition, Taiwan agreed to provide an additional $250 billion in credit guarantees for further investment in the American semiconductor supply chain.
