The U.S. and Taiwan have inked a major trade agreement centered on semiconductor products. Under the deal, import tariffs for exports entering the United States have been revised and significant investments from Taiwan will be channeled into chip manufacturing in the U.S.
The U.S. has increasingly leaned on tariffs as a way to expand its manufacturing capacity and the semiconductor industry is one of the major industries that are being reshaped by this approach. It remains to be seen to what extent major players in the semiconductor industry like Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM) can make further tweaks to their investment plans as a…
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