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Biden Risks New China Flashpoint With Tax Deal for Taiwan Firms

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Biden Risks New China Flashpoint With Tax Deal for Taiwan Firms

  • By Jenny Leonard
  • By Mackenzie Hawkins
  • By Laura Davison

President Joe Biden wants to bring the world’s most sophisticated chipmakers to the United States. Taiwanese officials are pushing hard for an agreement to eliminate the burden of double taxation like the United States has with dozens of countries.

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