Taiwan's Premier announces US tariff reduction and ongoing trade talks to secure better rates.

Taiwan's Premier Cho Jung-tai stated that talks with the US on tariffs aim to secure a better rate, ensure a fair process, and prevent overlapping tariffs. The US "reciprocal" tariff was reduced from 32% to 20% above the base rate. The government will offer support through a "resilience" budget and review sector impacts. Talks on tariffs and trade facilitation are nearly complete, but a final agreement is pending.