$TACO $TSM $AMZN $GOOGL $MSFT (Bloomberg) -- US tech giants such as Amazon, Google and Microsoft are set to get a reprieve from forthcoming US tariffs on imported semiconductors under a new Commerce Department plan, the Financial Times reports.
FT cites people familiar with the matter
The tariff carve-outs would be tied to investment commitments by TSMC, FT says
FT cites administration official briefed on the plans as saying that the plans were in flux and had not been signed by President Trump
Size of the rebate program would be linked to recent US-Taiwan trade agreement, FT says