US and Taiwan strike trade deal tied to $250bn chip investment

This trade deal marks a pivotal moment in US-Taiwan relations, especially in the context of global semiconductor supply chains. By reducing tariffs and committing to significant investments, both countries are not only enhancing their economic cooperation but also sending a strong message to other global players about their strategic alignment in the tech sector. The implications of this agreement could resonate throughout the Asia-Pacific region, potentially influencing trade dynamics and geopolitical strategies.