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U.S. Sets 20% Tariff on Most Taiwan Exports

2025-08-01 92 Dailymotion

The United States has imposed a 20% tariff on most goods from Taiwan, effective next week. The rate is lower than the 32% announced in April but remains higher than the 15% set for Japan and South Korea. Taiwan President Lai Ching-te says a broader U.S.-Taiwan trade deal expected to lower tariffs further is nearly finished, but says details of the plan must wait for a U.S. Commerce Department investigation to finish.

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