WASHINGTON, Jan 15 (Reuters) – Under the terms of a new U.S. trade deal with Taiwan, companies from Taiwan will invest $250 billion and the island’s government will invest another $250 billion to expand semiconductor manufacturing in the United States, Commerce Secretary Howard Lutnick told CNBC on Thursday. (Reporting by David Lawder, writing by David […]
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Taiwan chip deal is worth a total of $500 billion, US Commerce Secretary Lutnick says
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WASHINGTON, Jan 15 (Reuters) – Under the terms of a new U.S. trade deal with Taiwan, companies from Taiwan will invest $250 billion and the island’s government will invest another $250 billion to expand semiconductor manufacturing in the United States, Commerce Secretary Howard Lutnick told CNBC on Thursday.
(Reporting by David Lawder, writing by David Ljunggren, editing by Chris Reese)