Chapter 1: What is the main topic discussed in this episode?
News when you want it. With Bloomberg News Now, I'm Amy Morris. The U.S. and Taiwan agreed to a trade agreement to lower tariffs on goods from Taiwan to 15 percent and see Taiwanese semiconductor companies increase financing for American operations.
Chapter 2: What trade agreement did the U.S. and Taiwan reach?
Taiwan's tech industry would commit to making at least $250 billion in direct investments to expand advanced semiconductor, energy and AI operations in the U.S., and it would provide an additional $250 billion in credit guarantees. The deal removes a major point of contention between the U.S. and Taiwan. That's news when you want it with Bloomberg News Now. I'm Amy Morris. This is Bloomberg.