On February 13, 2026, the US Government announced a new trade deal with Taiwan. 

Under this new deal, Taiwan has agreed to reduce or eliminate 99% of tariff barriers on US goods, along with providing preferential market access to US industrial exports, including automotives, parts, chemicals, seafood, agricultural exports, machinery, health and electrical products, minerals, and metals. 

In exchange, the US has reduced the tariff rate on Taiwan and will now apply the higher of the US Most Favored Nation (MFN) rate or a rate of 15%, which is the MFN rate and a reciprocal rate established by Executive Order 14257. 

The full fact sheet detailing this agreement can be found here. 

The deal itself can be found in full here.