US-Taiwan Trade Tensions Escalate: Trump Imposes 32% Tariffs, Reduces to 10% Amid Semiconductor Exemption Podcast Por arte de portada

US-Taiwan Trade Tensions Escalate: Trump Imposes 32% Tariffs, Reduces to 10% Amid Semiconductor Exemption

US-Taiwan Trade Tensions Escalate: Trump Imposes 32% Tariffs, Reduces to 10% Amid Semiconductor Exemption

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 Welcome to the latest episode of Taiwan Tariff News and Tracker. Today is June 27, 2025.

Trade policy has been anything but predictable this year, especially for listeners focused on US-Taiwan relations. The Trump administration kicked off April with a major shakeup—on April 2, President Trump announced a 32% tariff on all imports from Taiwan, coinciding with what his administration called “Liberation Day.” Global markets reacted swiftly, with Taiwan’s stock exchanges taking a hit amid a broader loss of trillions for global equities, according to Global Taiwan.

Within days, the US backtracked slightly—lowering the tariff to 10% for a 90-day window, giving both sides time to negotiate. This pause is set to last until July 9, as reported by Taiwan Insight. However, not all goods are affected equally. Semiconductors and certain electronic goods, including computers and cell phones, were temporarily exempted from these tariffs, reflecting the strategic importance of these sectors to both economies. Even with the exemption, the threat of future tariffs on semiconductors remains, creating ongoing uncertainty for Taiwanese exporters.

On the ground, Taiwanese businesses and trade negotiators are bracing for tough talks. The Chung-Hua Institution for Economic Research, or CIER, warns that even if negotiations keep the tariff at 10%, the best-case scenario is moderate economic growth for Taiwan this year. If tariffs rise to 15% or higher after the 90-day pause, growth could be much weaker—especially if global conditions worsen. CIER president Lien notes that Taiwan’s negotiation position is complicated by its large trade surplus with the US, which reached $73.9 billion in 2024, according to Taiwan Insight. The Trump administration’s stated goal is to bring manufacturing back to the US, and Lien warns that Taiwan should not expect a return to zero tariffs anytime soon.

For US counterparts, the tariff landscape is just as complex. According to the Trade Compliance Resource Hub, as of May 14, 2025, the US imposed an additional 10% ad valorem tariff on all US-origin goods, further complicating trade flows both ways. Meanwhile, President Trump has wielded Section 232 of the Trade Expansion Act, increasing tariffs on steel and aluminum imports to 50%—though notably, UK imports remain at 25% until at least July 9. This is all part of a broader push to protect American industry and national security, according to the White House.

With the deadline approaching, all eyes are on Washington and Taipei. President Lai recently penned an op-ed in Bloomberg Opinion, outlining a roadmap for deeper US-Taiwan trade ties. But with Trump’s focus on “America First,” Taiwanese negotiators face an uphill battle.

Thank you for tuning in to Taiwan Tariff News and Tracker. Be sure to subscribe for more updates. This has been a quiet please production, for more check out quiet please dot ai.

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