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The US and Taiwan may soon sign a trade pact that promises US$500 billion investment in US tech and a 15% tariff rate for Taiwan. But lawmakers from the ruling and opposition parties remain divided on its terms and worry about its approval.

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00:00In January, Taiwan reached a trade deal with the U.S.,
00:11with promised investment totaling 500 billion U.S. dollars
00:15in American tech capabilities to lower the U.S. tariff rate to 15 percent.
00:20But the deal hasn't been signed yet.
00:22The cabinet said the deal could be inked in mid-February.
00:25But the real challenge lies in the legislative review after.
00:28Officials from both the ruling and opposition parties say they're losing their patience.
00:33If we're at the time of the government, the government, the government, the government,
00:38the government, the government, the government, the government,
00:40the government, the government, the government, and the government.
00:45It's not a big deal.
00:46It's just a big deal.
00:48Everyone is hoping that the government can have a clear and complete statement.
00:51除了降低对产生的冲击,
00:53也要确保务工朋友以及中小企业的权益.
00:56Some lawmakers say Taiwan's promised investment
00:59could mean relocating a large portion of the country's semiconductor chip-making capacity to the U.S.
01:05But those pushing to secure the trade deal
01:07worry that the U.S. could raise the tariff rate back up if there's no progress.
01:12U.S. President Donald Trump has done it to South Korea
01:15after months of waiting for the South Korean parliament to approve Seoul's investment pledge.
01:19The trade pact will only go through a two-step legislative approval
01:46instead of the usual three-step process.
01:49And lawmakers can only veto or endorse it without changing the terms.
01:53With the Lunar New Year just around the corner,
01:55enterprises in Taiwan may have an uneasy holiday,
01:58at least until the fate of the trade deal is decided.
02:01Klein Wang and Irene Lin for Taiwan Plus.
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