WASHINGTON — The Trump administration reached a trade deal with Taiwan on Thursday, with Taiwan agreeing to remove or reduce 99 percent of its tariff barriers, the office of the U.S. Trade Representative said. The agreement comes as the U.S. remains reliant on Taiwan for its production of computer chips, the exporting of which contributed to a trade imbalance of nearly $127 billion during the first 11 months of 2025, according to the Census Bureau. Most of Taiwan’s exports to the U.S. will be taxed at a 15 percent rate, the USTR’s office said. The 15 percent rate is the same as that levied on other U.S. trading partners in the Asia-Pacific region, such as Japan and South Korea. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick attended the signing of the reciprocal agreement, which occurred under the auspices of the American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United States. Taiwan’s Vice Premier Li-chiun Cheng and its government minister Jen-ni Yang also attended the signing. “President Trump’s leadershi
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