US and Taiwan Finalize Trade Deal to Cut Tariffs, Boost Purchases

Agreement includes schedule for Taiwan to eliminate tariffs on US goods and commit to major purchases of American products.

Published on Feb. 12, 2026

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Officials from the Trump administration have signed a final agreement with Taiwan that confirms a 15% U.S. tariff rate for imports from Taiwan, while committing Taiwan to a schedule for eliminating or lowering tariffs on nearly all U.S. goods. The deal also includes commitments from Taiwan to significantly boost purchases of U.S. goods from 2025 through 2029, including billions in liquefied natural gas, civil aircraft, power grid equipment, and more.

Why it matters

This agreement builds on the longstanding economic and trade relationship between the U.S. and Taiwan, and is expected to boost export opportunities for American farmers, ranchers, workers, and manufacturers. It will also help strengthen the resilience of supply chains, particularly in high-technology sectors.

The details

The final agreement confirms a 15% U.S. tariff rate for imports from Taiwan, down from the initial 20% tariff imposed by the Trump administration. In return, Taiwan has committed to a schedule for eliminating or lowering tariffs on nearly all U.S. goods, including immediately eliminating tariffs of up to 26% on many agricultural imports like beef, dairy, and corn. The deal also includes specific purchase commitments from Taiwan, including $44.4 billion worth of liquefied natural gas and crude oil, $15.2 billion in civil aircraft and engines, and $25.2 billion in power grid equipment and generators.

  • The final agreement was signed on February 12, 2026.
  • Taiwan has committed to significantly boost purchases of U.S. goods from 2025 through 2029.

The players

Trump administration

The U.S. presidential administration led by former President Donald Trump.

Jamieson Greer

The U.S. Trade Representative who announced the agreement.

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What they’re saying

“This agreement also builds on our longstanding economic and trade relationship ‌with Taiwan ‌and will significantly enhance the resilience of our supply ​chains, particularly in high-technology sectors.”

— Jamieson Greer, U.S. Trade Representative (Reuters)

What’s next

The agreement will immediately eliminate Taiwan's tariffs of up to 26% on many U.S. agricultural imports, while the specific purchase commitments from Taiwan will ramp up from 2025 through 2029.

The takeaway

This deal represents a significant step forward in strengthening economic ties between the U.S. and Taiwan, with Taiwan agreeing to lower tariffs and make major purchases of American goods. It is expected to boost export opportunities for U.S. businesses and help shore up supply chain resilience, particularly in high-tech sectors.