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Story summary
- Taiwan's Cabinet confirmed negotiations with the United States to lower tariffs on Taiwanese goods from 20% to 15%.
- The talks may require Taiwan Semiconductor Manufacturing Co. (TSMC) to build at least five new chip foundries in Arizona.
- The two sides have a broad consensus, and an announcement is expected soon.
- Uncertainties linger about how the U.S. Supreme Court's ruling on tariffs tied to President Donald Trump could affect negotiations.
