To be update...
Lorem ipsum dolor sit amet
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean sit amet pulvinar sem. Nullam vel accumsan dui. Fusce quis odio a enim finibus feugiat non non nunc. Donec ornare quam ut urna
Power Automate does not offer out of the box actions to manage the Term store, by adding, updating or removing terms.
With experience in doing this task with PowerShell, I did some research and below is one of the solutions