Taiwan Adjusts Economic Outlook Amid US Tariffs

Taiwan is facing adjustments to its 2025 economic outlook following the imposition of US tariffs on exports, impacting trade negotiations and supply chains. The new 20% tariffs by the US have forced Taiwan’s government to revise its predictions for growth, as the semiconductor industry faces immediate consequences. Negotiations between the Executive Yuan and Vice President Hsiao Bi-khim are underway, with both sides aiming to secure a mutually beneficial outcome.