The unilateral 10% tariff on imports takes effect
Written by Black Hot Fire Network on April 5, 2025
TAIPEI (Reuters) — Taiwan President Lai Ching-te met tech executives on Saturday to discuss how to respond to new U.S. tariffs, promising to ensure Taiwan's global competitiveness and safeguard the island's interests.
President Donald Trump announced across-the-board import tariffs on Wednesday... The U.S. tariffs, however, do not apply to semiconductors, a major Taiwanese export.
Lai met the executives at his official residence to discuss the response to "the global economic and trade challenges brought about by the reciprocal tariff policy . . .
