The policies of US President Donald Trump have caused significant disruptions to global trade stability, particularly impacting Taiwan’s supply chains. Under the shadow of high tariffs, some Taiwanese companies are considering shifting production away from China to countries like India and Mexico, or even back to the US mainland, where labor costs are higher and union activity is stronger. However, experts warn that a depreciating dollar could increase the cost for Taiwanese manufacturers to set up operations in the US and purchase imported equipment.
Taiwan’s economy faces slower growth under Trump’s trade pressures
30
Apr