The 20% reciprocal tariff imposed by the United States on exports from Taiwan officially took effect on August 7, 2025, covering most traditional industries. The impact varies across sectors depending on industry characteristics, product types, and competition from other countries. Higher prices quoted to US customers have already led to noticeable order declines for machine tools, hand tools, and plumbing hardware.
Taiwan unveils new support measures to shield industries from US tariff impact
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Aug