Critics in Taiwan Question True Cost of US Deal Hailed for Tariff Cut

Critics in Taiwan question true cost of US deal hailed for tariff cut

Taiwan’s opposition parties are stepping up criticism of the island’s government over a controversial economic deal with the United States, warning that what officials portray as a tariff win could carry heavy long-term costs for the island’s economy and industrial base. The cabinet on Tuesday released further details of the agreement, which allows Taiwan to secure a 15 per cent reciprocal tariff rate. The rate is down from a previously proposed…

Taiwan Strikes Deal with U.S. to Cut Tariffs

Taiwan has vowed to remain the world’s “most important” AI chipmaker after reaching a trade deal with the United States that reduces tariffs on its shipments and encourages Taiwanese investment in the U.S.