Taiwan President Lai Ching-te says his government will encourage Taiwanese companies to invest more in the U.S., following U.S. President Donald Trump's announcement of a reciprocal tariff plan to settle trade imbalances with other countries. Taiwan's trade surplus with the U.S. grew over 80% percent last year to a record high. Trump has also continued to accuse Taiwan of "taking" America's chips business, pledging to wage separate tariffs on imported chips.
