U.S.-Taiwan Trade Deal Faces Legislative Hurdles
Howard Lutnick proposed 40% target for US semiconductor relocation.
Deal to cut tariffs to 15% and boost Taiwan's investment agreed.
Taiwanese firms pledge $250B in US investments and $250B credit guarantees.
Taiwan won't move science parks but can share expertise.
Deal awaits approval from opposition-controlled Legislature.
U.S. officials want semiconductor production not 80 miles from China.
Lutnick warns tariffs could rise to 100% if reshoring fails.
Taiwan says expansion depends on staying rooted at home.
2 weeks ago