President Trump on Tuesday toured a Ford Motor factory in Dearborn, Mich., and extolled the benefits of tariffs in strengthening the country’s economy.
The deal would cut tariffs and include a commitment from Taiwanese Semiconductor Manufacturing Corporation, the island’s chip giant, to build more manufacturing plants in the United States.
A Taiwan Semiconductor Manufacturing Corporation facility under construction in Phoenix. As part of the trade deal, the company would commit to building more semiconductor facilities in Arizona.