Taiwan’s Economy Booms with AI and Trade


Taiwan’s Economy Booms with AI and Trade

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Taiwan’s Economy Booms with AI and Trade

Taiwan's economy grew quickly last year, its fastest in 15 years. Exports of AI products and shipments to the U.S. helped this growth.

Taiwan made a trade deal with the U.S. government. This deal lowered U.S. tariffs on imports from Taiwan.

Taiwan makes many important parts for AI like computer chips. Technology exports increased almost 35% last year.

Leading technology companies made record profits and sales. TSMC and Foxconn are big companies making AI servers.

Experts think economic growth may slow down this year. Risks include U.S. tariffs and problems with China.


Questions

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How fast did Taiwan's economy grow last year?

It grew quickly, the fastest in 15 years.

What did Taiwan do to help its trade with the U.S.?

Taiwan made a trade deal with the U.S. government that lowered U.S. tariffs on imports from Taiwan.

What are some risks to Taiwan's economic growth this year?

Risks include U.S. tariffs and problems with China.


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Taiwan’s Economy Booms with AI and Trade