The Trump administration is nearing completion of a trade deal with Taiwan that would cut U.S. tariffs on Taiwanese goods to 15% and include a commitment from TSMC (TSM) to significantly expand its U.S. manufacturing footprint, The New York Times’ Ana Swanson and Tripp Mickle report. The agreement could be announced this month and would see TSMC roughly double its Arizona fab count by building at least five additional facilities, according to the report.
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