Taiwan Faces 35% Tariff if Negotiations with the U.S. Fail, Guo Zhengliang Urges Delay in Announcement
Reports indicate that Taiwan could face a tariff of up to 35% if negotiations with the United States do not succeed. Guo Zhengliang of the Democratic Progressive Party stated that Taiwan should request the U.S. to delay any announcements to avoid unnecessary economic impact and market panic.
Guo stressed the need for Taiwan to handle trade negotiations with the U.S. cautiously amid the current international situation to protect Taiwan's economic interests. A failed negotiation could severely impact Taiwan's exports, particularly in key industries.
