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Taiwan negotiators head to US for final meeting on trade deal

by Newsroom
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TAIPEI, Feb 10 (Reuters) – Taiwan’s trade negotiating team has left for the U.S. to hold their final meeting on a trade and tariff deal struck last month, the island’s government said on Tuesday.

Under the terms of the agreement, tariffs on Taiwan’s exports to the U.S. will be cut to 15% from 20%.

Taiwan companies will also invest $250 billion to boost production of semiconductors, energy and artificial intelligence in the U.S., while Taiwan will also guarantee an additional $250 billion in credit to facilitate further investment.

Taiwan Vice Premier Cheng Li-chiun and chief trade…



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