Taiwan's Semiconductor Deal with U.S.

Taiwan and the U.S. are negotiating a deal to boost domestic semiconductor manufacturing. Taiwanese companies, including TSMC, will expand operations in the U.S. and train American workers. This comes as Taiwans exports to the U.S. are subject to a twenty percent tariff, which Taipei aims to reduce. While Taiwans investment is smaller than South Korea and Japans, it includes support for building science park infrastructure and workforce training.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.