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Taiwan Receives Trump’s Tariff Notification, Global Tax to Reach 10 to 15%

Taiwan Receives Trump’s Tariff Notification, Global Tax to Reach 10 to 15%

According to recent reports, the Trump administration is set to issue nearly 200 notifications regarding global tariffs, with Taiwan included. This tariff will feature rates ranging from 10% to 15%, potentially impacting multiple industries. Many experts have expressed concern, particularly regarding the potential effects on small businesses.

The policy driven by Trump aims to protect U.S. economic interests but may provoke opposition and retaliatory actions from other countries. Stakeholders are closely monitoring the developments, hoping for effective handling of the related issues by the government.