{"id":16142,"date":"2025-08-11T08:58:38","date_gmt":"2025-08-11T08:58:38","guid":{"rendered":"https:\/\/www.funminews.com\/?p=16142"},"modified":"2025-08-11T08:58:41","modified_gmt":"2025-08-11T08:58:41","slug":"taiwan-is-continuing-tariff-negotiations-with-us-cabinet-official-says","status":"publish","type":"post","link":"https:\/\/www.funminews.com\/index.php\/2025\/08\/11\/taiwan-is-continuing-tariff-negotiations-with-us-cabinet-official-says\/","title":{"rendered":"Taiwan is continuing tariff negotiations with US, cabinet official says"},"content":{"rendered":"\n

TAIPEI, Aug 11 (Reuters) – Taiwan’s cabinet is still negotiating for more favourable tariff rates after a 20% levy was imposed by U.S. President Donald Trump, Vice Premier Cheng Li-chiun said on Monday.<\/p>\n\n\n\n

“Taiwan’s goal is to seek a better and more reasonable tariff rate from the U.S.”, Cheng told a news briefing, adding that negotiations with the U.S. are continuing, and that they are prepared to report to Taiwan’s parliament on their progress.<\/p>\n\n\n\n

Cheng said Taiwan was hoping to continue its tariff negotiations concurrent with a U.S. national security probe, which is being conducted under Section 232 of the Trade Expansion Act of 1962.<\/p>\n\n\n\n

Taiwan has the sixth-largest trade deficit with the U.S., with 90% of that from semiconductors. Taiwan’s TSMC (2330.TW), opens new tab<\/a><\/p>\n\n\n\n

is the world’s biggest contract chip maker and makes chips for tech giants such as Nvidia (NVDA.O), opens new tab<\/a><\/p>\n\n\n\n

Rates for semiconductors, electronics as well as information and communication technology – which make up the bulk of Taiwan’s exports to the U.S. – will be subject to separate U.S. sectoral tariffs and are still to be worked out.<\/p>\n\n\n\n

Advertise With FunmiNews. Send an email to info@funminews.com for Rates Information <\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

TAIPEI, Aug 11 (Reuters) – Taiwan’s cabinet is still negotiating for more favourable tariff rates after a 20% levy was imposed by U.S. President Donald Trump, Vice Premier Cheng Li-chiun said on Monday. “Taiwan’s goal is to seek a better and more reasonable tariff rate from the U.S.”, Cheng told a news briefing, adding that […]<\/p>\n","protected":false},"author":4,"featured_media":16143,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2,4,5],"tags":[],"class_list":["post-16142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-featured","category-international"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.funminews.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-11-at-09-23-47-Taiwan-is-continuing-tariff-negotiations-with-US-cabinet-official-says-Reuters.png?fit=707%2C472&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/posts\/16142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/comments?post=16142"}],"version-history":[{"count":1,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/posts\/16142\/revisions"}],"predecessor-version":[{"id":16153,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/posts\/16142\/revisions\/16153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/media\/16143"}],"wp:attachment":[{"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/media?parent=16142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/categories?post=16142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.funminews.com\/index.php\/wp-json\/wp\/v2\/tags?post=16142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}