Close Menu
    National News Brief
    Monday, May 4
    • Home
    • Business
    • Lifestyle
    • Science
    • Technology
    • International
    • Arts & Entertainment
    • Sports
    National News Brief
    Home»Trending News

    Taiwan says ‘will not agree’ to making 50% of its chips in US

    Team_NationalNewsBriefBy Team_NationalNewsBriefOctober 1, 2025 Trending News No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    TAIPEI: Taiwan “will not agree” to making 50 per cent of its semiconductors in the United States, the island’s lead tariff negotiator said on Wednesday (Oct 1), as Washington pressures Taipei to produce more chips on US soil.

    Vice Premier Cheng Li-chiun’s remarks came after US Secretary of Commerce Howard Lutnick said he had proposed to Taiwan a 50-50 split in chip production.

    “I want to clarify that this is the US’ idea. Our negotiation team has never made a 50-50 commitment to a chip split,” Cheng told reporters in Taipei.

    “Please be rest assured that we did not discuss this issue this time, and we will not agree to such a condition,” she said.

    Cheng spoke after returning from Washington where she said negotiations over US tariffs on Taiwanese shipments “made some progress”.

    Taiwan is struggling to finalise a tariff deal with Washington, after President Donald Trump’s administration imposed a temporary 20 per cent levy that has alarmed the island’s manufacturers.

    Trump has also threatened to put a “fairly substantial tariff” on semiconductors coming into the country.

    Soaring demand for AI-related technology has fuelled Taiwan’s trade surplus with the United States – and put it in Trump’s crosshairs.

    More than 70 per cent of the island’s exports to the United States are information and communications technology, which includes chips, the cabinet said in a statement on Wednesday.

    In a bid to avoid the tariffs, Taipei has pledged to increase investment in the United States, buy more of its energy and increase its own defence spending to more than 3 per cent of gross domestic product.



    Source link

    Team_NationalNewsBrief
    • Website

    Keep Reading

    Iran says it turns back US warship from Strait of Hormuz, US CENTCOM denies missile strike

    Singapore, New Zealand sign world’s first legally binding supply chain resilience pact

    Oil slips after Trump says US will help free ships stranded in Strait of Hormuz

    Iran says it has received US response to its latest offer for talks

    Trump says he is likely to reject peace proposal as Iran has ‘not yet paid a big enough price’

    Rubio to visit Vatican, Rome after Trump row

    Add A Comment

    Comments are closed.

    Editors Picks

    OpenAI Is Fighting Back Against Meta Poaching AI Talent

    July 1, 2025

    Opinion | The Best of 2024: The Books, Movies, Habits and Hobbies We Loved This Year

    December 25, 2024

    Stephen A. Smith makes major claim about Doc Rivers’ career

    March 6, 2026

    Meta Deal Reversal Deepens Split Between China and Silicon Valley

    April 30, 2026

    Golden oyster mushrooms may stave off signs of ageing

    January 15, 2025
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    About us

    Welcome to National News Brief, your one-stop destination for staying informed on the latest developments from around the globe. Our mission is to provide readers with up-to-the-minute coverage across a wide range of topics, ensuring you never miss out on the stories that matter most.

    At National News Brief, we cover World News, delivering accurate and insightful reports on global events and issues shaping the future. Our Tech News section keeps you informed about cutting-edge technologies, trends in AI, and innovations transforming industries. Stay ahead of the curve with updates on the World Economy, including financial markets, economic policies, and international trade.

    Editors Picks

    The Euro Devastated Southern Europe And Greece Is Proof

    May 4, 2026

    Alex Cooper Empire Shaken By Husband Allegations

    May 4, 2026

    Iran says it turns back US warship from Strait of Hormuz, US CENTCOM denies missile strike

    May 4, 2026

    NATO chief says Europeans have ‘gotten the message’ from Trump on defence | European Union News

    May 4, 2026
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Nationalnewsbrief.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.