Taiwan reports positive developments in US trade talks
Business
Taiwan and the US are in talks to sort out a hefty 32% import tariff that's currently on pause for 90 days.
Both sides say there's been "constructive progress," with negotiators Yang Jen-ni (Taiwan) and Jamieson Greer (US) leading the charge in Washington after starting things off in South Korea.
TSMC's $165 billion US investment plan
While all this is happening, chip giant TSMC is rolling out a massive $165 billion investment plan in the US—think new factories, packaging plants, and a research center in Arizona.
This move could create thousands of jobs and strengthen tech ties between Taiwan and the US, making it a win-win for both economies.