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Taiwan's president addresses 20% U.S. tariff on goods, noting talks to lower rates are ongoing.
Taiwan's President Lai Ching-te says the 20% U.S. tariff on Taiwanese goods is temporary, and negotiations are ongoing to lower the rate.
The tariff, which is higher than rates imposed on Japan and South Korea, has impacted Taiwan's stock market, with the Taiex index falling 0.46%.
Taiwan's government and tech industry leaders are optimistic about reducing the tariff through talks, aiming to preserve Taiwan's position in the global supply chain.
The tariffs have sparked concern among Taiwanese exporters but have also prompted contingency plans such as supply chain diversification.
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El presidente de Taiwán aborda el arancel del 20% de Estados Unidos sobre los productos, señalando que las conversaciones para reducir las tasas están en curso.