The U.S. and Taiwan just settled on a new trade deal that will see Washington cut tariffs on the island from 20% to 15%. In exchange for this, Taipei committed at least $250 billion in direct investments in the U.S. on advanced semiconductor manufacturing, energy production and distribution, and artificial intelligence operations. Aside from this, the Taiwanese government also committed an additional $250 billion in credit guarantees for its companies investing in American semiconductor operations….
