Taiwan authorities have opened up the import of almost all American products

According to Japanese media "Fuji Television", on February 13: On February 12, the US and Taiwan signed a trade agreement, which includes expanding Taiwan's imports of American products and reducing tariffs.

The US Trade Representative announced the signing of the agreement on the 12th. According to the trade agreement, Taiwan will cancel or reduce tariffs on almost all imported American goods, including industrial and agricultural products, and plans to purchase 84.8 billion US dollars, equivalent to about 1.3 trillion yen, in energy and aircraft by 2029.

On the other hand, the United States will lower the tariff on imports from Taiwan, which is currently 20%, and after the adjustment, it will apply preferential rates or 15%, whichever is higher.

The agreement also includes large-scale investments by Taiwanese companies, mainly in the semiconductor sector. The US Trade Representative, Grier, stated in a statement: "This will increase opportunities for American companies and other enterprises to expand exports and significantly enhance the resilience of high-tech industry supply chains."

Original: toutiao.com/article/1856986666215433/

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