Taipei [ Taiwan ], October 1 (ANI): Taiwan will not agree to a deal with the United States that would require half of all semiconductor production to take place in the country, according to a report by Reuters on Wednesday.

Citing a conversation between US Secretary of Commerce Howard Lutnick and U.S. television network News Nation over the weekend, the report stated that Washington's pitch to Taiwan would involve a 50-50 split in chip production, with the vast majority of chips currently made on the island.

The report noted that Taiwan 's Vice Premier Cheng Li-chiun, who is leading the tariff talks with Washington, upon returning to the island, stated that she had not discussed the 50-50 idea suggested by the US during the negotiations.

"Our negotiating team has never made any

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