The trade negotiations, which concluded on Thursday, included commitments to expand supply chain investment cooperation and deepen Taiwan-US collaboration on artificial intelligence (AI), the Cabinet said. The new tariff rate matches US rates on goods from major trade partners such as Japan, South Korea and the EU. Taiwan is the first country to secure the most-favorable treatment for its semiconductor and related product suppliers, which should significantly ease uncertainties in the local semiconductor industry, the Cabinet said. The consensus was reached on Thursday, and a memorandum of understanding was signed with the US Department of Commerce, it added. A more formal trade pact would be signed in the coming weeks, said Vice Premier Cheng Li-chiun (鄭麗君), who led Taiwan’s trade negotiation team.

Source: Taipei Times January 16, 2026 16:14 UTC