News|Taiwan Temporary Tariffs 20% Impact on Technology Industries
Commentator: Mr. Lin Wei-Pu, Executive Vice President, Ji-Pu Industry Trend Research Institute
News.
The U.S. announced the reciprocal tariff rates of various countries, and the new policy of reciprocal tariffs will be officially launched, confirming that starting from August 1, Taiwan's applicable tariff rate will be adjusted downward from the original 32% to 20%. It is categorized as one of the targets whose terms of trade do not meet the standard of "market reciprocity".
Ji-Pu Viewpoint:
Conclusion:On July 31, U.S. time, the import duty rates for the remaining countries were announced, and Taiwan's tariff rate of 20% was higher than those of its Asian neighbors, Japan (15%), Korea (15%), and Thailand (19%). Since the Executive Order follows Executive Order 14257 and the April 11 Presidential Memorandum's "Product Exception List". Therefore, semiconductors, ADP (Automatic Data-Processing)/servers and their components are no longer subject to the 20% tariff. In addition, President Lai mentioned that the tariff negotiation is still ongoing, and we have not yet announced the conditions for investment in the U.S. or related concessions, so there is still a good chance that the tariff will continue to be negotiated in the future. However, what will have a deeper impact on Taiwan is the following