Taiwan Strengthens Economic Ties with the US

Taiwan is taking significant steps to strengthen its economic ties with the US.
Taiwan's leader Lai Ching-te aims to balance trade by importing more energy, industrial, and agricultural products from the US. This strategy seeks to enhance Taiwan's economic security.
Moreover, he emphasized the need for Taiwan to increase its investments in the US and develop industrial cooperation. This could strengthen Taiwan's position in global competition.
In an environment where the US imposes a 32% additional tariff, Taiwan is taking strategic steps to ensure its economic security. This situation may also have significant implications in the global chip industry.
Taiwan Semiconductor Manufacturing Company (TSMC) plans to establish new production facilities in Arizona, USA, with an investment of $165 billion. This step will further strengthen Taiwan's relations with the US.
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