Taiwan Rejects US Proposal For 50-50 Chip Production Deal: 'Never Made Any Commitment'
Taiwan has declined a proposal from the United States for an equal split in semiconductor production, as confirmed by the island’s leading tariff negotiator.Taiwan, US Advance Tariff Talks, $10 Billion Farm DealTaiwan’s Vice Premier Cheng Li-chiun has rejected the U.S. proposal for a 50-50 split in semiconductor production, Reuters reported. This decision was announced after Cheng returned from the U.S. following tariff negotiations.“Our negotiating team has never made any commitment to a 50-50 split on chi ...