US EditionTaiwan Cabinet: Taiwan-US Tariff Talks Complete, Pending U.S. Decision-Making Process
TAIWAN, JUL 31 – Taiwan and the U.S. have reached near consensus on tariffs and trade barriers after four negotiation rounds, with outcomes awaiting U.S. government approval, Taiwan's cabinet said.
- On Thursday in Taipei, Taiwan and the U.S. completed talks on tariff technicalities and reached consensus on non-tariff trade barriers, pending U.S. decision-making.
- U.S. President Donald Trump initially targeted Taiwanese goods for 32% duties under his April reciprocal tariffs and set a self-imposed August 1 deadline after a brief pause.
- Michelle Lee said that Taiwan and the US have reached a certain degree of consensus on issues including tariffs, non-tariff trade barriers, trade facilitation, and supply chain resilience, and a joint statement is still under negotiation.
- Executive Yuan spokeswoman Michelle Lee told a news briefing that the finalized tariff rate is expected to be released soon, as Taiwan's tariff negotiation team continues talks in the U.S. amid the looming deadline.
- Given the importance of chips, Taiwan faces high stakes as a 32% tariff looms, with around 60% of exports to the U.S. being ICT, including chips.
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Taiwan cabinet: Taiwan-US tariff talks complete, pending U.S. decision-making process
Taiwan and the U.S. have completed talks on tariff technicalities and have reached consensus on issues including non-tariff trade barriers, with the result pending the U.S. decision-making process, Taiwan's cabinet said on Thursday.
·United Kingdom
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Taiwan Cabinet: Taiwan-US Tariff Talks Complete, Pending U.S. Decision-Making Process
Taiwan and the U.S. have completed talks on tariff technicalities and have reached consensus on issues including non-tariff trade barriers, with the result pending the U.S. decision-making process, Taiwan's cabinet said on Thursday.
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Coverage Details
Total News Sources11
Leaning Left4Leaning Right1Center4Last UpdatedBias Distribution44% Left, 44% Center
Bias Distribution
- 44% of the sources lean Left, 44% of the sources are Center
44% Center
L 44%
C 44%
11%
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