Taiwan Says US Trade Talks Now Entering ‘Crucial’ Closing Stages

Taiwan Premier Cho Jung-taisaid trade talks with the US have entered “the crucial closing stages,” indicating the global chip hub is finally nearing a deal with the Trump administration.

Taiwan’s trade negotiators arrived in Washington late last week for discussions with their US counterparts aimed at lowering the 20% tariff imposed on the island, a person familiar with the matter said, asking not to be identified because the information is private.

Investment in the US was among the issues discussed in Washington in recent days, according to the person familiar. Officials were also seeking favorable treatment for their chip ...