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asiaone - 22 days ago

Taiwan says no information on cooperation with South Korea on US chip tariffs

TAIPEI — Taiwan Premier Cho Jung-tai said on Tuesday (Nov 25) he had no information about any co-operation with South Korea on US President Donald Trump s tariffs on semiconductors, adding that Taiwan was conducting talks only with the United States.South Korea s trade minister said on Monday he saw room for co-operation with Taiwan on Trump s tariffs on chips. US officials are privately saying they might not levy long-promised semiconductor tariffs soon, potentially delaying a centrepiece of Trump s economic agenda, Reuters reported last week. There is no such information (about co-operation with South Korea), but we have taken note of this kind of news, Cho told lawmakers in parliament in Taipei.Taiwan s trade negotiators are only conducting one-on-one talks with the United States at present, he said, adding that he hoped Taiwan s industrial supply chain could co-operate more with countries around the world that are complementary to Taiwan.Taiwan s exports to the United States are currently subject to a 20 per cent tariff, which the government is in talks to reduce, though the tariffs do not apply to semiconductors.


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