US and Taiwan sign deal to lower tariffs, boost spending
- Posted on February 13, 2026
- By Le Monde
- 5 Views
US and Taiwan sign deal to lower tariffs, boost spending
Taiwanese Vice Premier Cheng Li-chiun, on Thursday, said Taiwan had secured 'Most Favored Nation' tariff treatment and reduced the average levy 'on our exports to the US from an initial 15%, without stacking reciprocal tariffs, further down to an average of 12.33%.'