TAIPEI, Jan 16 (Reuters) - Taiwan aims to become a close
strategic artificial intelligence partner with the United States
thanks to a deal to reduce tariffs and boost Taiwanese
investment in the country, Taiwan Vice Premier Cheng Li-chiun
said on Friday.
The Trump administration has pushed Taiwan, a major
semiconductor producer, to invest more in the U.S., specifically
in making the chips that are powering the trend towards AI.
The trade deal clinched on Thursday cuts tariffs on many of
the semiconductor powerhouse's exports, and directs new
investments in the U.S. technology industry.
Taiwanese companies will invest $250 billion to increase
production of semiconductors, energy and artificial intelligence
in the U.S. That includes $100 billion already committed by
chipmaker TSMC in 2025, with more to come, according
to U.S. Commerce Secretary Howard Lutnick.
Taiwan will also guarantee an additional $250 billion in
credit to facilitate further investment, the Trump
administration said.
Cheng, who led the talks for Taipei, told a news conference
in Washington that the deal was win-win, and would also
encourage U.S. investment in Taiwan, for whom the United States
is its most important international backer and arms supplier.
"In this negotiation we promoted two-way Taiwan-U.S.
high-tech investment, hoping that in the future we can become
close AI strategic partners," she said in livestreamed comments.
The investment plan is company not government-led, and
Taiwan companies will continue to invest at home, Cheng added.