The development came after US President Donald Trump on Wednesday announced sweeping tariffs, ranging from 10 per cent to 50 per cent, on imports from dozens of countries and economic regions -- including US ally Taiwan -- whose exports to the US will face a 32 per cent surcharge.
“Taiwan has no plans to take retaliatory tariff action in response to the US’ ‘reciprocal tariffs’. Investments by Taiwanese companies in the US will also proceed without any changes, as long as they align with our national interests,” said Lai.
He further noted that the government would continue to support Taiwanese companies in increasing their investments in the US, particularly in sectors such as electronics, information and communication technology, petrochemicals and natural gas.
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