Taiwan eyes zero tariffs with US, pledges more investment

President
The U.S. tariffs, however, do not apply to semiconductors, a major Taiwanese export.
In a video message released by his office after meeting executives from small and medium-sized companies at his residence, Lai said given
"Tariff negotiations can start with 'zero tariffs' between
"In the future, in addition to TSMC's increased investment, other industries, such as electronics, information and communications, petrochemicals, and natural gas will be able to increase investment in the U.S. and deepen Taiwan-U.S. industrial cooperation," Lai said.
"All purchases will be actively pursued," Lai said.
Non-tariff trade barriers are an indicator for the U.S. to assess the fairness of trade, and
The U.S. is
Shortly before Trump's tariff announcement,
Lai said that
"Not only have we been able to overcome the difficulties, but we have also been able to turn crises into opportunities, transforming the Taiwanese economy into a new and more resilient one," he added.
(This story has been refiled to clarify the context of when the comments were made in paragraph 4)
(Reporting by
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