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488 Amid trade tussle with China, US reaches deal with Taiwan to cut chip tariffs

Firstpost Tech
Unnati Gusain @ Firstpost Tech · today 00:12 EDT

Amid trade tussle with China, US reaches deal with Taiwan to cut chip tariffs

Under the new deal, Taiwanese chipmakers such as TSMC expanding in the US will face lower tariffs, dropping from 20% to 15%, and can import some semiconductors and equipment duty-free.

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