00:00Taiwan says it will not agree to a U.S. proposal for half of all semiconductor production to be shifted to the United States.
00:09The island's top negotiator said on Wednesday, no such deal was discussed or agreed during ongoing tariff talks.
00:17U.S. Commerce Secretary Howard Ludnick had said over the weekend that Washington wanted a 50-50 split on semiconductor manufacturing.
00:26However, Taiwan Vice Premier Ching Lichun insisted the idea was never raised in negotiations.
00:34Ching added that Taiwan would never agree to such conditions, reassuring that chip-making would remain centered on the island and led by TSMC, the world's biggest chip producer.
00:45Taiwan exports to the U.S. are currently subjected to a 20 percent tariff, and officials said discussions were focused on reducing trade barriers.
00:54Premier Cho Jung-tai said substantive consultations were underway, and some progress had been made.
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