Close Menu
    National News Brief
    Thursday, August 6
    • Home
    • Business
    • Lifestyle
    • Science
    • Technology
    • International
    • Arts & Entertainment
    • Sports
    National News Brief
    Home » Taiwan says ‘will not agree’ to making 50% of its chips in US

    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

    Castaway SpaceX rocket stage crashed into moon: Scientists

    Leftist Democrat urges unity after victory in Michigan

    Commentary: Why Washington can no longer treat Ukraine and Iran as separate wars

    US lifts sanctions on Iraqi airline linked to Iran’s Revolutionary Guards

    Proposed Hormuz deal would give Iran control of inbound traffic: Sources

    Trump warns Iran to open Hormuz or get ‘hit very hard’

    Add A Comment

    Comments are closed.

    Editors Picks

    Benji Madden And Cameron Diaz Celebrate 10th Anniversary

    January 19, 2025

    Jennifer Aniston Reveals Her Relatable Cheat Day Meals

    September 25, 2025

    Canada will cooperate with China where possible, challenge it where needed: Foreign Minister Anita Anand

    October 16, 2025

    Magnus Carlsen drops his first match against India’s chess champion

    June 2, 2025

    Daytona 500: Driver Flips Over in Wild Crash During Final Laps of Race (VIDEO) | The Gateway Pundit

    February 17, 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

    Cashing in on SpaceX: ‘Every chance I get, I’ll sell a little more’

    August 6, 2026

    Denmark Is Drafting Its Youth For Europe’s Manufactured War

    August 6, 2026

    OOF! Zohran Mamdani BOOED Off the Stage at NYPD Event on Staten Island (VIDEO)

    August 6, 2026

    A$AP Rocky Teases Rihanna Is ‘Cooking’ In The Studio

    August 6, 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.