US EditionUS Imposes 20% Tariff on Taiwan, Surpassing Rates on Key Asian Exporters
TAIWAN, AUG 1 – Taiwan says the 20% U.S. tariff is temporary as negotiations proceed, with Taiwan exporting $73.92 billion more to the U.S. than it imports, officials said.
Summary by digitimes.com
9 Articles
9 Articles
President Donald Trump signed an executive order Thursday imposing new tariffs on dozens of trading partners, with Taiwan set to pay a 20% tariff. Taiwanese President Lai Ching-te said Friday the tariffs were "temporary" and that the two sides would continue negotiations.
US imposes 20% tariff on Taiwan, surpassing rates on key asian exporters
President Donald J. Trump signed a new executive order on July 31, revising tariffs on imports from various countries to address persistent US trade deficits, with Taiwan facing a 20% ad valorem duty, a reduction from the 32% rate announced in April but higher than rates imposed on allies like Japan and South Korea.
Coverage Details
Total News Sources9
Leaning Left3Leaning Right0Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 43%
C 57%
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