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Taiwan president briefed ahead of possible US tariffs

  • Taiwan President Lai Ching-te met with senior officials to discuss the potential impact of U.S. tariffs and contingency plans regarding trade, as reported by his office.
  • Taiwan, one of the countries targeted by U.S. Tariffs, had record exports of $111.4 billion to the U.S. Last year, driven by high-tech demand, according to U.S. Census Bureau data.
  • Taiwan's benchmark stock index dropped over 2% on Monday amid fears of the upcoming tariffs, according to local reports.
  • Deputy Finance Minister Frank Juan indicated that tariffs on the electronics industry might be low due to TSMC's recent $100 billion investment in the U.S.
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Taiwan Today broke the news in on Monday, March 31, 2025.
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