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flag Taiwan's exports hit a record $475.07 billion in 2024, but face threat from new U.S. tariffs.

flag Taiwan's exports rose 9.9% last year, reaching a record $475.07 billion, but new US tariffs of up to 32% threaten this growth. flag Taiwan's President Lai Ching-te has pledged not to retaliate with tariffs and will instead seek to negotiate lower duties and increase US investments. flag The Taiwanese government is also planning to support affected industries and diversify markets to mitigate the impact of these tariffs.

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