Taiwan promises more U.S. investment and purchases to answer Trump call

Lai aims to preempt tariffs with vow to cooperate on AI chips, hike defense budget

20250214 Lai and Trump

U.S. President Donald Trump has repeatedly criticized the Taiwanese chip industry, prompting Taiwan's President Lai Ching-te to seek ways to satisfy Washington. (Source photos by Reuters)

LAULY LI and CHENG TING-FANG

TAIPEI -- Taiwan's President Lai Ching-te on Friday said his administration will kick off a broad initiative aimed at expanding investment and procurement in the U.S., as he looks to level out the two economies' trade balance and mitigate pressure from his counterpart Donald Trump.

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