Taiwan pledged to invest more in the U.S. after President Donald Trump vowed to impose sweeping tariffs on foreign countries.
Taiwan’s President Lai Ching-te said Friday that his country would communicate more with the U.S. about Trump’s concerns over the semiconductor chip industry and would also invest more in the U.S., according to multiple reports. The Taiwanese president’s announcement came after Trump signed a presidential memorandum on Thursday outlining a plan to impose “reciprocal” and “fair” tariffs on U.S. trading partners across the globe.
“Gone are the days of America being taken advantage of: this plan will put the American worker first, improve our competitiveness in every area of industry, reduce our trade deficit, and bolster our economic and national security,” Trump wrote in the memorandum. (RELATED: ‘Shouldn’t Be Alarming’: Brit Hume…
