Taiwan-US Trade Deal, Here’s What it Means for Taiwan Semiconductor Manufacturing (TSM)

​Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the Best Performing Foreign Stocks to Buy Now. On February 13, Reuters reported that Taiwan and the US have reached a trade agreement based on the January framework. The deal aims to balance the trade between the two countries amidst Taiwan’s surging exports of AI chips. ​According to the report, the United States has lowered the tariff on Taiwanese imports from 20% to 15%, matching the rates of South Korea and Japan. This will prot ...