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Gudeng weathers tariff storm but warns of shrinking customer budgets

Following US President Donald Trump’s announcement of reciprocal tariffs on 14 nations, including a 25% duty on Japanese and South Korean imports, concerns are rising that Taiwan could face even harsher terms. Bill Chiu, Chairman and CEO of Gudeng Precision Industrial Co., said the company’s profit outlook remains stable for now, as its free-on-board (FOB) model passes shipping and tariff costs to customers. However, he cautioned that the new policy may curb customer demand and order volume.