Taiwan says ‘constructive progress’ made in US trade talks

Taiwan Semiconductor Manufacturing Co, the archipelago’s biggest firm and a key supplier to Apple Inc and Nvidia Corp, said that it would invest an additional US$100bil in the United States. REUTERS/Ann Wang/File Photo

Taipei: Taiwan says it has made “constructive progress” in a second round of trade talks with the United States, which are aimed at avoiding tariffs imposed by President Donald Trump.

“It is believed that constructive progress has been made in the negotiations so far,” said an official Taiwanese statement yesterday. The talks were held in recent days in Washington, it said.