💨 Abstract

Taiwan will be part of the first group of countries to hold trade talks with the U.S., according to Taiwan's President Lai Ching-te. The U.S. has temporarily lowered duties imposed on several countries, including Taiwan, which was due to face 32% tariffs. Taiwan, a significant semiconductor producer, has long sought a free trade deal with the U.S. The government in Taiwan is preparing for the negotiations without a specific timeframe.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖