Latest News and Trends

Taiwan industries to sail into Trump’s 20% tariffs storm with contingency plans deployed

Taiwanese exporters are responding with cautious pragmatism after the Trump administration announced a new 20% reciprocal tariff rate on Taiwan. The rate represents a reduction from the initially proposed 32%, but remains higher than the 15% rates assigned to Japan and South Korea. While the policy adds fresh pressure to Taiwan’s trade-heavy economy, local industries say the blow is manageable thanks to early diversification efforts and well-prepared contingency strategies.