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US-Taiwan near trade deal to lower tariff, boost TSMC facilities, NYT reports

US-Taiwan near trade deal to lower tariff, boost TSMC facilities, NYT reports

The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang

13 Jan 2026 01:24AM

WASHINGTON, Jan 12 : The Trump administration is nearing a trade deal with Taiwan to reduce its tariff rate to 15 per cent and commit Taiwan Semiconductor Manufacturing Corporation to building at least five more facilities in Arizona, the New York Times reported on Monday, citing three people familiar with the matter.

Source: Reuters
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