The Trump administration reached a trade deal with Taiwan on Thursday, with Taiwan agreeing to remove or reduce 99% of its tariff barriers, the office of the U.S. Trade Representative said.

The agreement comes as the U.S. remains reliant on Taiwan for its production of computer chips, the exporting of which contributed to a trade imbalance of nearly $127 billion during the first 11 months of 2025, according to the Census Bureau.

Most of Taiwan’s exports to the U.S. will be taxed at a 15% rate, the USTR’s office said. The 15% rate is the same as that levied on other U.S. trading partners in the Asia-Pacific region, such as Japan and South Korea.

Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick attended the signing of the reciprocal agreement, which occurred under the auspices of the American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United States. Taiwan’s Vice Premier Li-chiun Cheng and its government minister Jen-ni Yang also attended the signing.

computer chips, the exporting of which contributed to a trade imbalance of nearly $127 billion during the first 11 months of 2025, according to the Census Bureau.

Most of Taiwan’s exports to the U.S. will be taxed at a 15% rate, the USTR’s office said. The 15% rate is the same as that levied on other U.S. trading partners in the Asia-Pacific region, such as Japan and South Korea.

Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick attended the signing of the reciprocal agreement, which occurred under the auspices of the American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United States. Taiwan’s Vice Premier Li-chiun Cheng and its government minister Jen-ni Yang also attended the signing.

“President Trump’s leadership in the Asia-Pacific region continues to generate prosperous trade ties for the United States with important partners across Asia, while further advancing the economic and national security interests of the American people,” Greer said in a statement.

The Taiwanese government said in a statement that the tariff rate set in the agreement allows its companies to compete on a level field with Japan, South Korea and the European Union. It also said the agreement “eliminated” the disadvantage from a lack of a free trade agreement between Taiwan and the U.S.

The deal comes ahead of President Donald Trump’s planned visit to China in April and suggests a deepening economic relationship between the U.S. and Taiwan.

Taiwan is a self-ruled democracy that China claims as its own territory, to be annexed by force if necessary. Beijing prohibits all countries it has diplomatic relations with — including the U.S. — from having formal ties with Taipei.

Cheng said Taiwan hopes the agreement will make it a strategic partner with the U.S. “so as to jointly consolidate the democratic camp’s leading position in high technology.”

The agreement would make it easier for the U.S. to sell autos, pharmaceutical drugs and food products in Taiwan. But the critical component might be that Taiwanese companies would invest in the production of computer chips in the U.S., possibly helping to ease the trade imbalance.

President Donald Trump on Monday threatened to block the opening of a new Canadian-built bridge across the Detroit River, demanding that Canada turn over at least half of the ownership of the bridge and agree to other unspecified demands in his latest salvo over cross-border trade issues.

“We will start negotiations, IMMEDIATELY. With all that we have given them, we should own, perhaps, at least one half of this asset,” Trump said in a lengthy social media post, complaining that the United States would get nothing from the bridge and that Canada did not use U.S. steel to built it.

The Gordie Howe International Bridge, named after a Canadian hockey star who played for the Detroit Red Wings for 25 seasons, had been expected to open in early 2026, according to information on the project’s website. The project was negotiated by former Michigan Gov. Rick Snyder — a Republican — and paid for by the Canadian government to help ease congestion over the existing Ambassador Bridge and Detroit-Windsor tunnel. Work has been underway since 2018.

It’s unclear how Trump would seek to block the bridge from being opened, and the White House did not immediately return a request for comment on more details. The Canadian Embassy in Washington also did not immediately return a request for comment.

Trump’s threat comes as the relationship between the U.S. and Canada increasingly sours during the U.S. president’s second term. The United States-Mexico-Canada trade agreement is up for review this year, and Trump has been taking a hard-line position ahead of those talks, including by issuing new tariff threats.

Canadian Prime Minister Mark Carney, meanwhile, has spoken out on the world stage against economic coercion by the United States.

“So to shoot yourself in the foot and threaten the Gordie Howe Bridge means that this guy has completely lost the plot on what’s good for us versus just what’s spite against the Canadians,” Slotkin said.

Michigan, a swing state that Trump carried in both 2016 and 2024, has so far largely avoided the brunt of his second-term crackdown, which has targeted blue states with aggressive immigration raids and cuts to federal funding for major infrastructure projects.

Trump and Democratic Gov. Gretchen Whitmer have also maintained an unusually cordial relationship, with the president publicly praising her during an Oval Office appearance last April. The two also shared a hug last year ahead of Trump’s announcement of a new fighter jet mission for an Air National Guard base in Michigan.

While Canada paid for the project, the bridge will be operated under a joint ownership agreement between Michigan and Canada, said Stacey LaRouche, press secretary to Whitmer.

Rep. Shri Thanedar, the Democratic House representative of Detroit, said blocking the bridge would be “crazy” and said Trump’s attacks on Canada weren’t good for business or jobs. “The bridge is going to help Michigan’s economy. There’s so much commerce between Michigan and Canada. They’re one of our biggest partners,” Thanedar said.

Democratic Rep. Debbie Dingell of Ann Arbor brushed aside the president’s threat, saying she’s looking forward to the bridge’s opening later in the spring. “And I’ll be there,” Dingell said.

The Justice Department is taking direct aim at the financial lifelines of Mexico’s most violent drug cartels, targeting money brokers who prosecutors say have adapted to intensified enforcement by increasingly routing drug profits through cryptocurrency from American cities to cartel leaders in Mexico.

The cases of four defendants recently sent from Mexico to the U.S. for prosecution provide a glimpse into shadowy money laundering networks that allow the Jalisco New Generation Cartel and other violent groups to continue pumping dangerous drugs into American communities. The prosecutions underscore the Justice Department’s efforts to turn up the pressure on cartels and stay ahead of their sophisticated and ever-evolving tactics to launder money across the border without detection.

By targeting alleged money brokers — rather than street-level traffickers — prosecutors say they are aiming at a choke point they believe is essential to the cartels sustaining their operations as law enforcement pressure mounts on more visible drug routes.

Since the beginning of President Donald Trump’s second administration, the Mexican government has turned over more than 90 high-level defendants with ties to cartels in three transfers now at the center of a legal debate in Mexico. The defendants were wanted by U.S. prosecutors for crimes including drug trafficking, human smuggling and money laundering.

Senior Justice Department officials say bringing cartel figures to the United States is designed to do more than be a deterrent message. It could also lead to indictments against other high-level leaders if defendants cooperate, allowing prosecutors to reach higher into cartel leadership. Under Trump’s Republican administration, the Justice Department has restructured the Criminal Division to integrate narcotics prosecutors with anti-money laundering experts to better target cartels and to reflect a broader shift toward targeting the financial systems that sustain their operations.

The latest transfers to the U.S. include alleged Mexico-based money brokers, who authorities say oversee the movement of drug proceeds and pocket a percentage of the money that returns to the cartels as a commission, according to court papers. The brokers arrange for cash to be picked up in cities across the U.S. and conceal the money to get it across the border, often through digital assets as law enforcement has cut off other methods.

Prosecutors “want to hear on the distribution side how it works, who is involved, and seek additional indictments, and on the money laundering side, exactly the methods that they are using to get the money out of the United States through the U.S. banks,” Duva said. “There’s bulk cash smuggling that has been going on since the beginning of time, and then also sort of the newer trend of taking the cash, buying cryptocurrency, and then trading that cryptocurrency.”

Eduardo Rigoberto Velasco Calderon, Eliomar Segura Torres, Manuel Ignacio Correa and Cesar Linares-Orozco face money laundering conspiracy charges in indictments filed in Kentucky’s federal court. An attorney for Linares-Orozco declined to comment in an email to the AP, and no attorneys were listed in court papers for the other defendants.

The January transfer of 37 defendants from Mexico to the U.S. marked the third of its kind under Trump’s second term. Observers have described the transfers as an offering by Mexican authorities to offset mounting threats by Trump to take military action against cartels.

A group of lawyers and family members of cartel figures have accused Mexico of breaking the law by sending them without an extradition order. Mexico’s government has maintained the transfers were legal, carried out in the name of national security.