From left, Minister Without Portfolio Yang Jen-ni, Vice Premier Cheng Li-chiun and Premier Cho Jung-tai attend a news conference in Taipei yesterday. Photo: Tu Chien-jung, Taipei TimesBroad tariffs that apply to most other Taiwanese exports to the US would fall from 20 percent to 15 percent. Taiwanese companies are to invest US$250 billion to boost the production of semiconductors and AI in the US, while Taiwan would also guarantee an additional US$250 billion in credit to facilitate further investment. Premier Cho Jung-tai (卓榮泰) said that the US$250 billion in private investment by enterprises and the US$250 billion in credit guarantees provided by the government are separate, urging the media to stop reporting them as a combined total of US$500 billion. As for how the credit guarantee mechanism would be established, Cheng said that, in principle, the government would not use the Ministry of Economic Affairs’ Small and Medium Enterprise Credit Guarantee Fund.

Source: Taipei Times January 20, 2026 17:13 UTC