Taiwan Seeks US Assurances After Tariff Deal Upheld Amid Legal Uncertainty TAIPEI  (Journos News) - Taiwan is seeking fresh assurances from Washington that a recently concluded tariff agreement will remain intact,

Taiwan is seeking reassurances from Washington that its recently secured tariff reductions will remain intact despite legal uncertainty in the United States.

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Taiwantrade.com Launches Six New Sector Portals to Strengthen Trade with Europe Taiwantrade.com, Taiwan's official B2B platform, has introduced six new online sector showcases, aiming to enhance trade relationships with Europe.

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Taiwantrade.com Expands Industry-Specific Portals to Boost Trade with Europe Taiwantrade.com has launched six new sector-specific online platforms to enhance trade relationships with European markets by showcasing Taiwan's quality products.

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Taiwantrade.com Enhances Trade Connections with New B2B Showcases Tailored for Europe Taiwantrade.com has launched six new sector-specific online showcases to strengthen trade ties with European markets. Connect with top Taiwanese suppliers effortlessly.

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Taiwan's High 20% Tariff Rate Linked To Intel Investment EreIamJH writes: German tech newsletter Notebookcheck is reporting that the unexpectedly high 20% tariff the U.S. recently imposed on Taiwan is intended to pressure TSMC to buy a 49% minority stake in...

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Showcasing Taiwan's Technological Innovations at COMPUTEX 2025 Taiwantrade.com showcases the best of Taiwan's ICT industry at COMPUTEX 2025 with innovative products from leading suppliers.

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Taiwan’s trade surplus with U.S. escalates, placing it among ’Dirty 15’ Investing.com -- Taiwan’s trade surplus with the United States has experienced a significant growth, rising more than sevenfold from $8.4 billion in 2017 to $64.9 billion in 2024. This increase has elevated Taiwan’s standing among US trade partners, securing it the 7th spot as the largest trade partner and the sixth in terms of trade deficit in 2024. Last year, imports from Taiwan made up approximately 3.6% of total US imports. Due to the escalating trade surplus, Taiwan has found itself under scrutiny as one of the ’Dirty 15’ economies, which are characterized by significant trade imbalances with the US. Taiwan’s average tariff rate for most favored nations stands at 6.5%, and the overall average nominal tariff rate for imported goods is 6.34%. While these are not the highest rates in Asia, they are higher than those of the US, posing a risk of reciprocal tariff action. In 2023, the average nominal tariff rate for industrial products was 4.13%, and 15.06% for agricultural products. The US is likely to focus on these areas for Taiwan’s tariffs, particularly agricultural products and vehicles, which currently have higher tariff rates. Despite the potential for increased tariffs, President Trump had indicated that he may offer tariff breaks to certain countries. Taiwan’s key exports to the US, semiconductors and computer products, have few suitable replacements, which increases the likelihood of these goods being exempted from tariffs. SMC, a Taiwanese company, has pledged to invest at least $100 billion, in addition to a previous commitment of $65 billion, into US chip manufacturing facilities. This commitment has been praised by members of Trump’s administration as a successful outcome of tariffs, with Trump stating that it would "create hundreds of billions of dollars in economic activity and boost America’s dominance in artificial intelligence and beyond." According to ING, the nature of Taiwan’s key exports to the US and its recent actions suggest that Taiwan could likely benefit from a tariff reprieve or, at the very least, face smaller tariff increases compared to other economies. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Taiwan defends trade, currency record ahead of possible US tariffs TAIPEI (Reuters) - Taiwan’s central bank on Wednesday defended the island’s trade and currency record ahead of possible tariffs from U.S. President Donald Trump, saying the high current account surplus was a structural problem and Washington understood that. Trump officials, including Treasury Secretary Scott Bessent, have said that much of the reciprocal tariff focus, to be announced on April 2, will be on 15 countries that have the highest trade surpluses, which Bessent has referred to as the "Dirty 15." They did not name these, but according to U.S. Census Bureau data, Taiwan is one of those 15 with the largest trade surpluses with the United States, along with countries like China and South Korea plus the European Union. In a report to lawmakers, Taiwan’s central bank noted that the island’s current account surplus last year was 14.3% of GDP. "It reflects the structural problem of the sharp increase in U.S. demand for Taiwan’s technological products and the expansion of our trade surplus with the United States. The U.S. side understands this point of view," the central bank said. Taiwan runs a large trade surplus with the United States, which surged 83% last year, with the island’s exports to the U.S. hitting a record $111.4 billion, driven by demand for high-tech products such as semiconductors, a sector Taiwan dominates. "As Taiwan’s trade surplus with the United States is relatively large, the risk of bilateral trade disputes between Taiwan and the United States must be carefully managed," the central bank said. Taiwan has previously been put on a foreign exchange "monitoring" list by the U.S. Treasury Department given its trade surplus and outsized current account surplus. The central bank said its exchange rate policy aims to maintain an "orderly" foreign exchange market and financial stability, and that it never intended to gain an unfair competitive advantage in trade. It also expressed concern about Trump’s frequent economic and trade policy flip-flops and lack of clarity about his plans on tariffs in particular. "Especially, the impact of the tariff increase policy is the most significant, which is detrimental to the growth of the global economy and may push up inflation," the central bank said. Which stock should you buy in your very next trade? With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

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Taiwantrade Prepares for an Unforgettable Experience at TAIPEI CYCLE 2025 with Innovative Bikes and Engaging Games Taiwantrade.com is set to shine at TAIPEI CYCLE 2025, featuring innovative bikes, fun games, and a seamless sourcing experience for cyclists and vendors alike.

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Taiwantrade.com to Showcase Advanced Machine Tools at TIMTOS 2025 with Interactive Game Taiwantrade.com will exhibit top-tier machine tools at TIMTOS 2025 while introducing the exciting 'Lucky Taiwantrade' game for attendees. Don't miss it!

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