Taiwan chip deal is worth a total of $500 billion, US Commerce Secretary Lutnick says
U.S. Commerce Secretary Howard Lutnick looks on as he speaks to the media, on the day he attends a working lunch with EU ministers responsible for trade, in Brussels, Belgium, November 24, 2025. REUTERS/Piroschka van de Wouw
WASHINGTON, Jan 15 : Under the terms of a new U.S. trade deal with Taiwan, companies from Taiwan will invest $250 billion and the island's government will invest another $250 billion to expand semiconductor manufacturing in the United States, Commerce Secretary Howard Lutnick told CNBC on Thursday.
Source: Reuters
