US and Taiwan sign final trade agreement to reduce tariffs and increase exports

The Trump administration and Taiwan finalized a deal to cut tariffs and boost US exports. Taiwan committed to buying billions in energy and aircraft by 2029.

Insights:
The United States USUS and Taiwan TWTW finalized a reciprocal trade agreement on February 12, 2026, which confirms a 15% U.S. tariff rate on imports from Taiwan while committing the Taiwanese government to a schedule to lower or eliminate tariffs on nearly all American goods. This policy-driven agreement, announced by the Trump administration and the U.S. Trade Representative's office, also binds Taiwan to large, time-bound purchases of U.S. products from 2025 through 2029. These multi-billion-dollar purchase commitments are expected to provide significant support to U.S. farmers, ranchers, fishermen, workers and manufacturers.
Containers and equipment sit at the Port of Keelung, Taiwan, August 7, 2025. REUTERS/Ann Wang
Containers and equipment sit at the Port of Keelung, Taiwan, August 7, 2025. REUTERS/Ann Wang
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