Taiwan says it has concluded first 'substantive' tariff talks with US
- Taiwan completed its initial substantive negotiations in Washington on Thursday, focusing on tariffs and a range of trade-related matters with U.S. Officials.
- The talks followed a planned 32% U.S. Import tax on Taiwanese goods and a 90-day pause on reciprocal tariffs announced by President Trump in early April.
- The discussions focused on tariffs, non-tariff trade barriers, and other bilateral matters in a frank and cordial atmosphere with mutual hopes for stronger cooperation.
- Taiwan proposed a zero-tariff regime and offered to significantly increase purchases from the U.S., aiming to enhance a mutually beneficial trade relationship.
- Both sides agreed to continue consultations to actively seek consensus and explore further steps, indicating ongoing efforts to strengthen economic ties despite lacking formal diplomatic relations.
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Taiwan says it has concluded first 'substantive' tariff talks with US
TAIPEI (Reuters) -Taiwan's government said on Saturday that it had concluded its first round of "substantive" tariff talks with the United States, describing the atmosphere as frank and cordial.
·Colorado Springs, United States
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