Taiwan Agreed to $500 Billion Investments in the U.S. After Tariff Threats – Now Re-Considers

One of Trump’s brilliant “deals” he bragged about in his SOTU Tuesday night, which he said were the result of his “brilliant” tariff ploy, was with Taiwan, reducing tariffs from 20% to 15% in exchange for Taiwan companies investing $250 billion to boost production of semiconductors, energy and artificial intelligence in the US, and also guarantee an additional $250 billion in credit to facilitate further investment, along with reducing all tariffs on imported goods from the U.S. and increasing the purchase of US goods like natural gas, according to Reuters.