US Imposes 10% Tariffs on Taiwan Imports Amid Trade Tensions Semiconductor Sector Remains Partially Exempt Podcast Por arte de portada

US Imposes 10% Tariffs on Taiwan Imports Amid Trade Tensions Semiconductor Sector Remains Partially Exempt

US Imposes 10% Tariffs on Taiwan Imports Amid Trade Tensions Semiconductor Sector Remains Partially Exempt

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 As of June 29, 2025, the air around US-Taiwan trade is thick with uncertainty and shifting tariffs, leaving many listeners watching the Trump administration’s next move. On April 2, President Trump imposed a dramatic 32% “reciprocal tariff” on almost all imports from Taiwan, as reported by Taiwan Insight and Global Taiwan. The move sent shockwaves through global markets, triggering a plunge in stock values and casting a shadow over Taiwan’s export-driven economy.

The 32% tariff was not in place for long. After just a week, the Trump administration backtracked, lowering the duty to 10% for most goods from Taiwan and pausing some measures for 90 days. According to the American Chamber of Commerce in Taiwan, unless a stated exception applies, all products from Taiwan exported to the United States are now subject to a 10% tariff. Semiconductor exports, a core industry for Taiwan, are currently exempt, but the threat of future tariffs on chips remains, as reported by Taiwan Insight. The window for negotiation is narrow—the pause is set to end in early July—and industry experts are warning that rates could rise again, potentially to 15% or more.

Taiwan’s government has responded with caution. Focus Taiwan notes that Premier Cho Jung-tai convened high-level meetings to assess the impact and announced an NT$88 billion support plan for affected industries. Taiwan also signaled a willingness to increase US imports and remove tariffs on American goods, hoping to ease tensions and secure more favorable terms. However, as Global Taiwan points out, President Trump’s goals may include an “America first” trade relationship, and Taiwanese negotiators face an uphill battle.

The immediate impact has been palpable. Economic models cited by Taiwan Insight suggest a potential drop in the value of Taiwanese exports to the US, a contraction in manufacturing output, and a reduced GDP growth rate. The Chamber of Commerce reports that Taiwan exported over $115 billion in goods to the US in 2024, making it a critical player in the global supply chain. Uncertainty is the biggest enemy right now, with many Taiwanese businesses adopting a wait-and-see approach, as underscored by CIER.

Looking ahead, the possibility of tariffs returning to higher levels—perhaps even 15% to 20% as suggested by CIER analysts—is real. If negotiations fail or the global economy falters, Taiwan’s growth could dip below 1%, according to CIER’s worst-case scenario. Meanwhile, the Trump administration continues to use tariffs as leverage to reshape global supply chains and encourage domestic manufacturing.

Thank you for tuning in to “Taiwan Tariff News and Tracker.” For the latest updates, subscribe to our podcast.
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