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Cho Jung-tai

Cho Jung-tai

Premier of Taiwan

Appears in 1 story

Notable Quotes

"Taiwan has successfully obtained 15% in tariffs with no added fees. For the time being, we obtained the best tariff deal enjoyed by the countries with trade surplus with the US." — January 2026

"This also shows that the U.S. sees Taiwan as an important strategic partner."

Stories

America's semiconductor reshoring bet

Money Moves

Supporting legislative push for ratification

The United States produced 37% of the world's semiconductors in 1990, but by 2024 that share had fallen below 10%, with Taiwan manufacturing over 90% of the most advanced chips. A $500 billion US-Taiwan trade framework, initiated with a January 16, 2026 memorandum and formally signed February 12, commits Taiwanese firms to $250 billion in direct US investments plus $250 billion in credit guarantees for semiconductors, AI, and energy in exchange for 15% tariffs (down from 20%).

Updated Feb 13