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0.00026062782346818 0.000666048882196276 0.00315649252866915 0.00344607899918915 0.00886134599791498 -0.00625506776323401 -0.00829665238040065 -0.00447411096953539
Stock impact report

U.S. and Taiwan reach a chippy new trade agreement [Fortune]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Fortune
Taiwanese tech companies pledge to invest at least $250 billion in U.S. production capacity, backed by credit from the government in Taipei. Meanwhile the U.S. will limit so-called reciprocal tariffs on Taiwan to 15%, down from 20%, as well as reduce such tariffs to zero for generic pharmaceuticals and their ingredients, aircraft components, and some natural resources. In the mix is chipmaking giant TSMC, which already has facilities in Arizona. The company is expected to double down in the area. CNBC notes that companies like TSMC—that is, Taiwanese firms building U.S. chip fabs—will be able “to import up to 2.5 times the amount of capacity they are building while the factories are under construction, without paying tariffs under the framework.” That figure will become 1.5X once the factories are completed. And Taiwan-based chip companies that don't build in the U.S.? Quite likely on the receiving end of a 100% tariff, according to Commerce Sec. Howard Lutnick. “That's wha Show less Read more
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