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Here's your morning brief for Friday, February 13th. I'm Daniel Bach for the Wall Street Journal.

Washington and Taipei have today finalized a trade deal to lower the tariff on Taiwan from 32 to 15%.

Core to the deal is an agreement that the world's largest advanced chipmaker, TSM, will continue investments in the U.S.

Taiwan and U.S. officials consider the deal a strengthening of not just trade, but also their security ties. Beijing has not commented on the

announcement but said last month that it opposes any official exchanges between Taipei and

Washington. In the latest fallout from the Epstein files, Goldman Sachs' top lawyer

Catherine Rumler is set to step down later this year. Recently released files revealed

Rumler remained a close ally of the convicted sex offender up until his 2019 arrest,

calling her on the night of his arrest and naming her as a backup executor in a version of his will.

Romler maintains their relationship was strictly professional and said she had no knowledge of any new or ongoing unlawful activity on Epstein's part.

And Crypto Exchange Coinbase posted a fourth quarter loss with revenue falling more than 20%

as the recent downturn in

crypto prices is starting to hit the biggest institutional investors. Bitcoin has been on a

month's long slide since touching record highs in October, with the broader market for digital

assets having lost nearly $2 trillion in market value, with many fearing the start of the next

crypto winter.

Robin Hood markets, the brokerage app popular with crypto investors, has tumbled more than

50% since Bitcoin's high. Asian stocks end-of-the-day lower. European stocks are also down in midday

trading, and U.S. stock futures have fallen ahead of January's inflation reading. The consumer

...