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Howard Lutnick: “We gave Taiwan $100 billion credit because TSMC came in with…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Howard Lutnick breaks down recent $250B trade deal with Taiwan

Published | Video Starts at 01:52

You've been to. Obviously we were together. Do you expect there'll be other investments in the United States made as part of that 250 plus 250. So what we did is We gave Taiwan $100 billion credit because TSMC came in with that 100 billion in 2025 with the Trump administration. So that's 100 towards the 250. Now I expect TSMC to come in huge, bigger. You've seen reports that possibly doubling in size in America, Right. (01:52–02:05)

CLAIM

Asserts that Taiwan was given a $100 billion credit due to TSMC's $100 billion commitment in 2025.

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