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"Taiwan's Bold Move: No Counter-Tariffs on U.S."

On April 6, 2025, Taiwan declared that it will not react against US tariffs, instead deciding to reduce trade obstacles and strengthen ties with its important ally.

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President Trump's new 32% tariffs struck Taiwan hard, targeting its $74 billion trade imbalance with the United States—but semiconductors, a major export, are excluded.

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President Lai Ching-te advocated zero tariffs on US goods in an effort to soothe tensions and keep trade flowing despite the economy's reliance on exports.

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Taiwan has committed additional investment in the United States, with TSMC leading the way, followed by the electronics, petrochemicals, and energy sectors.

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Lai views retaliation as pointless. Removing hurdles boosts Taiwan-US ties, which are critical given China's pressure and Trump's "America First" policy.

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Lai says Taiwan can reduce tariff consequences by noting previous crises that boosted economic growth and a more robust trade model.

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Taiwan's move could force other countries to reconsider tariffs, changing global trade relations as the United States stretches its economic muscle.

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Taiwan intends to negotiate smoother commerce with the United States, exploiting its zero-tariff offer to cement a deeper cooperation. Will it pay off?