Taiwan says ‘general consensus’ reached with US on trade deal

In January 2026, Taiwan announced it reached a "general consensus" with the United States on a trade pact following months of negotiations. The agreement aims to reduce U.S. tariffs on Taiwanese exports, potentially lowering them to 15 percent. While Taiwan's trade office provided limited details, reports indicate the deal involves the Taiwan Semiconductor Manufacturing Company (TSMC) building additional production facilities in Arizona. This agreement follows a period of fluctuating tariffs imposed by the U.S. and aligns with a broader trend of countries pledging investments in the U.S. in exchange for tariff relief. The goal of the negotiations was to achieve reciprocal tariff reductions and preferential treatment for Taiwan.

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