Archive · 29 Jun 2025

Taiwan Reports 'Constructive Progress' in US Trade Talks

Taiwan Reports 'Constructive Progress' in US Trade Talks

Taiwan and the United States are having trade talks to sort out some tariffs, or extra taxes, that were put on products from Taiwan.

They have made good progress in the second round of talks in Washington.

Before these talks, the U.S. had placed a 32% tax on certain Taiwanese goods.

A big company from Taiwan called TSMC, which makes important computer parts for companies like Apple, plans to invest a lot of money in the United States to build new factories and create jobs.

Sources