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US, Taiwan Clinch Deal to Cut Tariffs, Boost Chip Investment

Bloomberg's Mike Shepard breaks down a newly-announced trade deal between the US and Taiwan that would bring down tariffs on goods to 15% and commit funding from Taiwanese semiconductor companies to new operations in the United States. Mike also shares the latest updates on ongoing conversations between the US and Greenland, as president Trump doubles down on his assertion the US should control the arctic country. (Source: Bloomberg)