Taiwan and the United States held their first round of talks on tariff issues.

Taiwan announced on Saturday that it had held initial tariff negotiations with the United States and expressed hope to establish a "strong and stable" trade connection through further negotiations.

The Taiwan Trade Negotiation Office stated in a declaration that its representatives had held a video conference with "relevant U.S. officials" on Friday, but did not disclose the identities of these U.S. officials.

The statement said that opinions were exchanged on "mutual tariff benefits between Taiwan and the U.S., non-tariff trade barriers, and other economic and trade issues including export control." "Both sides hope to carry out subsequent negotiations in the near future... to jointly build a strong and stable economic and trade relationship."

According to reports by Central News Agency citing U.S. Trade Representative Greer, the United States discussed tariff issues with Taiwan and Israel on the 11th.

Taiwan is on the first batch of U.S. government trade negotiation lists and is seeking to protect its exporters from a 32% tariff.

Taiwan's trade surplus with the United States ranks seventh among all economies, reaching $73.9 billion in 2024. About 60% of Taiwan's exports to the U.S. are information and communication technology products, including semiconductors. However, Trump's new tariff exemptions exempted Taiwan's chips.

Previously, the plan by Taiwan's chip manufacturer TSMC to invest $100 billion in the United States had led many to hope that Taiwan might be exempt from the U.S.'s "reciprocal tariff."

Taiwan proposed to the United States to increase procurement and investment from the U.S. based on a "zero-tariff" foundation and resolve other concerns raised by the U.S. side.

Source: rfi

Original article: https://www.toutiao.com/article/1829193468438537/

Disclaimer: The article only represents the views of the author.