On Sunday Taiwan proposed zero tariffs on the US, signaling Taiwan’s intention to avoid escalating trade tensions following the imposition of sweeping U.S. tariffs.
President Donald Trump recently announced broad import tariffs targeting dozens of U.S. trade partners, including Taiwan. As part of the measures, Taiwanese exports are now subject to a 32% duty, a significant blow for an economy with a sizable trade surplus with the U.S. Notably, the new tariffs do not apply to semiconductors — one of Taiwan’s most important export sectors.
In a video message shared by his office following a meeting with small and medium-sized business leaders, President Lai acknowledged the potential economic challenges posed by the tariffs but expressed optimism that Taiwan could weather the impact. He stressed the importance of cooperation over confrontation.
“Taiwan is willing to start negotiations with the U.S. based on a zero-tariff model, similar to the framework of the U.S.-Mexico-Canada Agreement,” Lai said. “We will not pursue retaliatory tariffs.”
He reaffirmed Taiwan’s commitment to strengthening its economic partnership with the U.S., stating that Taiwanese investment in America would continue — and likely grow — as long as it aligns with Taiwan’s national interests.
Taiwanese President