US and Taiwan Sign ‘Pivotal’ Deal to Cut Trade Tariffs

US and Taiwan sign a pivotal trade deal cutting tariffs

The United States and Taiwan have finalized a landmark trade agreement aimed at reducing tariffs and expanding bilateral commerce. Announced on Thursday, the deal lowers general tariffs on Taiwanese exports to the US from 20 percent to 15 percent, aligning Taiwan with major Asian trading partners such as South Korea and Japan. In exchange, Taipei … Read more