Taiwan Seeks to Boost US Trade, Imports with $200 Billion Deal

Taiwan plans to increase imports from the US by $200 billion over the next decade, including a 30% increase in LNG imports, as part of a trade deal with Washington. This move aims to narrow the trade deficit and follows President Lai Ching-te's pledge to seek a zero tariff regime with the US. Taiwan's benchmark stock index rebounded after the US put tariffs on pause, with major tech stocks like TSMC and Foxconn also rising.