In April 2025, the U.S. announced a global reciprocal tariff 'disaster.' This tariff measure could apply a 10% tariff to some Taiwanese products. Scholar Wong Lijung, based in the U.S., warns that this could reshape global supply chains. President Trump has decided to impose additional tariffs on 60 economies that have not implemented and effectively enforced regulations prohibiting the import of goods produced by forced labor. The tariff rate for Taiwanese products is the sum of the Most Favored Nation (MFN) tariff and the Section 301 tariff. If the MFN tariff is less than 10%, the total tariff will be 10%. If the MFN tariff is 10% or more, the Section 301 tariff will be 0%.

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  • Source: PR Times
  • Category: News