HomeBusinessNaija Gist: U.S. Reduce Tariffs for Taiwan as Investment Go Burst!

Naija Gist: U.S. Reduce Tariffs for Taiwan as Investment Go Burst!

Omo! Make I land you the latest news wey dey shake ground for abroad! U.S. and Taiwan don settle matter wey go reduce tariffs on Taiwanese goods to only 15%!

This deal na big one o! Dem don agree say tariffs go drop from 20% to just 15%. This one go allow Taiwanese semiconductor companies invest big time for U.S. – as dem dey plan to drop $250 billion for the tech sector!

Listen well, U.S. Commerce Department dey shout say dis agreement go help bring back plenty semiconductor work for America. They dey call am ‘massive reshoring’ of America’s semiconductor sector! You fit imagine?

Taiwan no be small boy for chip making, dem dey produce plenty of di world’s advanced chips. You fit even call dem di king of chip manufacturing! And who be di big boss for all dis chip wahala? Na TSMC (Taiwan Semiconductor Manufacturing Company), wey dey supervise things well well.

But hold on tight! Dis deal no just dey shake for Taiwan o! U.S. go also enjoy better imports without tariffs on things like pharmaceuticals, aircraft components and some natural resources. Dem dey try to make things easier for both sides.

As Taiwanese Premier Cho Jung-tai talk, ‘We don deliver well-executed home run!’ Dis matter no be child’s play. Dem go use dis new agreement build some world-class industrial parks for America!

Chris Wu, wey dey work for Litz Hitech Corp from Taiwan don talk say, ‘At least we dey on par with South Korea and Japan now.’ But e still dey fear how dem go take absorb di tariffs matter.

Taiwan dey try to protect their chip dominance especially with China dey eye dem! But new plans show say by 2030, Taiwan go still hold majority for chips wey dey power AI systems; dem go share capacity 85%-15% for Taiwan and US, kwa! There no dey play for this kind game!

So, e clear say this deal go turn things around for both countries and maybe, just maybe, e go help ease some trade issues wey don dey lag for road. Na so e be for dis our small corner of di world. Keep your ear on ground, cause dis matter just dey start!


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John Okafor
John Okaforhttps://nnn.ng/
John Okafor na reporter for NNN. NNN dey publish hot-hot tori for Nigeria and around di world for naija pidgin language so dat every Nigerian go fit follow national news, no mata dia level of school. NNN dey only publish tori wey be true-true, wey get credibility, wey dem fit verify, wey get authority, and wey dem don investigate well-well.
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