Trump Tariffs Updates: Japan's $550 Billion Investment May Support Taiwanese Chipmaker

Reported about 13 hours ago

In recent developments regarding trade negotiations, President Trump highlighted Japan's $550 billion investment in the US as a means to lower tariffs. Japanese negotiators suggested this fund could support a Taiwanese chipmaker's operations in the US, particularly TSMC's planned plants. Ongoing trade discussions also included Trump estimating a 50-50 chance for a deal with the EU, while tensions with Canada persist as he considers imposing additional tariffs. Current tariff structures appear to have shifted with a baseline rate now likely starting at 15%.

Source: YAHOO

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