US Tariffs Threaten Taiwan's Economy: Semiconductor Sector at Risk Amid Trade Tensions in 2025 Podcast Por arte de portada

US Tariffs Threaten Taiwan's Economy: Semiconductor Sector at Risk Amid Trade Tensions in 2025

US Tariffs Threaten Taiwan's Economy: Semiconductor Sector at Risk Amid Trade Tensions in 2025

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 Welcome back, listeners, to Taiwan Tariff News and Tracker, your podcast for the latest headlines, insights, and analysis on tariff developments affecting Taiwan, especially as the global trade landscape keeps shifting in 2025.

Today’s top story is the ongoing tariff drama between the United States and Taiwan, fueled by the Trump administration’s aggressive recalibration of US trade policy. Earlier this year, President Trump shocked both markets and policymakers by announcing a sweeping 32 percent tariff on all imports from Taiwan. This decision sent ripples through markets, wiping out trillions of dollars globally, and causing immediate losses on Taiwan’s stock exchanges. Facing an outcry and pressure from both American industry and overseas partners, the White House agreed to a 90-day reduction, lowering the tariff to 10 percent and pausing the hike until July 9, 2025, in hope of spurring meaningful trade talks.

According to the Ministry of Economic Affairs, the US is Taiwan’s largest export market, accounting for more than a quarter of total exports, mostly in industrial products like servers, network equipment, machinery, auto parts, and petrochemicals. This means the stakes are incredibly high for Taiwanese businesses—especially the small and medium-sized enterprises clustered across Taiwan, for whom the US represented more than NT$1.3 trillion in export value last year.

While semiconductors and certain electronics have so far dodged the latest tariffs, the administration is openly threatening to extend levies to that sector as well. This prospect is especially concerning, given that Taiwan is a global powerhouse in chip manufacturing and has committed more than $160 billion to US-based semiconductor projects.

Taiwanese officials and economists are warning the situation remains highly unpredictable. The Chung-Hua Institution for Economic Research recently estimated that, even under the most optimistic scenario, if the current 10 percent tariff sticks, Taiwan’s GDP growth could hold at around 2.85 percent for 2025. Yet, if the tariff rises after the pause, possibly up to 15 or 20 percent as some experts now fear, growth could tumble to as low as 1.66 percent—or worse, if global conditions deteriorate further. Businesses remain in a tense wait-and-see mode, as no one expects a return to zero tariffs any time soon.

President Trump’s strategy is clear: leverage tariffs to bring manufacturing back to the United States and press for trade concessions, even from close partners like Taiwan. Despite President William Lai’s public call for deeper cooperation, Taiwan’s negotiators are bracing for tough talks, with no guarantees that exemptions or tailored deals will materialize before the July deadline.

That’s a wrap for today’s Taiwan Tariff News and Tracker. Thank you for tuning in and don’t forget to subscribe—so you can stay ahead of every twist in this critical story. This has been a quiet please production, for more check out quiet please dot ai.

For more check out https://www.quietperiodplease.com/

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