US EditionTaiwan's orchid growers dig in as US tariffs shoot up
TAIWAN, AUG 6 – Taiwan's orchid exports face a 20% US tariff hike, surpassing The Netherlands' 15%, cutting shipments by 15% since May, with $204 million in 2024 sales at risk.
- In a striking trade shift, US tariffs on Taiwanese orchids climbed to 20 percent, and seasoned orchid growers are digging in despite increased costs and shrinking US consumer spending.
- In April, Trump slapped a 10 percent tariff on nearly every trading partner, while The Netherlands faces a lighter 15 percent duty, Ahby Tseng noted.
- Shipments to the United States have fallen by 15 percent since late May, with 2024 exports reaching NT$6.1 billion and NT$2 billion sent to the US.
- Lee, orchid grower, said US is too huge to leave despite higher duties, while Tseng noted passing costs to consumers is very difficult.
- With over 300 orchid growers, Taiwan's Phalaenopsis orchids dominate exports, lasting longer than Dutch blooms, and maintaining a global edge.
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Total News Sources32
Leaning Left4Leaning Right5Center9Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 22%
C 50%
R 28%
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