Taiwan Officials Head to Washington To Finalize Trade Deal

TaiwanPlus News

Taiwan’s Vice Premier Cheng Li-chiun and chief trade negotiator Yang Jen-ni have departed for Washington for what officials describe as the final round of talks on a Taiwan-US trade deal. Once finalized, the deal will be made public in full and sent to the legislature for a vote.

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00:00Taiwan's trade team is heading back to the United States, where it's expected to finalize a tariff

00:05and investment deal that's been in the works for months. Vice Premier Sun Li-jun and top trade

00:10negotiator Yang Zin-ni departed Tuesday night for Washington. The Cabinet says the goal is to wrap

00:16up the deal, at which point it will be presented to the public in full and sent to the legislature

00:20for a vote. The agreement would see Taiwan's main tariff rate drop from 20 percent to 15,

00:26while Taiwan is committed to 250 billion U.S. dollars in direct investment in U.S. chipmaking.

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