US, Taiwan Clinch Deal to Cut Tariffs, Boost Chip Investment


The deal removes a major point of contention between the democracy of 23 million people, which China wants to control, and the US, Taipei’s main military backer. Taiwanese officials have for months indicated that a pact was close, but one never materialized. The agreement was announced shortly after a delegation of top Taiwanese officials visited Washington to finalize the deal with President Donald Trump’s representatives.



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