TAIPEI (Taiwan News) — Vice Premier Cheng Li-chiun (鄭麗君) traveled to the US on Tuesday to finalize the details of a bilateral tariff agreement, reports said.

Cheng has led tariff talks with the Trump administration during several visits to the US over the past few months. The US Commerce Department announced last month that both sides had agreed on a 15% tariff level for goods from Taiwan, in return for Taiwanese firms investing NT$7.89 trillion (US$250 billion) in the US.

Cheng’s latest trip is expected to focus on working out the remaining details before the agreement is signed, per CNA. Officials reportedly hope to sign the deal this week, before the start of Taiwan’s Feb. 14–22 Lunar New Year holiday.

The government said Tuesday that Cheng’s team would safeguard four core principles, including national interest, business interests, public health, and food safety. Once the accord is signed, both sides are expected to present the results at news conferences in the US and Taiwan.

Even after an agreement is reached, the two sides will continue discussions, as Taiwan is seeking tariff cuts or exemptions for more than 1,000 additional products, reports said.

In a separate development, representatives of Taiwan’s automotive sector met with Cabinet members on Tuesday to discuss the potential impact of the agreement on the local car industry. Unconfirmed reports suggested Taiwan may eliminate all tariffs on vehicles imported from the US.