## US-Taiwan Tariff Agreement on Semiconductors Taiwan has secured preferential tariff treatment from the United States regarding semiconductors. The news was released by the Executive Yuan (the executive branch of the Taiwanese government). This agreement represents a competitive advantage for Taiwanese companies that export semiconductors to the United States. ## General Context Taiwan is a key player in the global semiconductor market, with leading companies such as TSMC (Taiwan Semiconductor Manufacturing Company) dominating the production of advanced chips. The global demand for semiconductors is constantly growing, fueled by the proliferation of electronic devices, industrial automation, and artificial intelligence. Agreements like this can have a significant impact on the global supply chain and the competitiveness of different nations.