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World

Taiwan says impact of new 10% US tariffs appears limited

  • The government will closely monitor developments and maintain close communication with the US
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TAIPEI: Taiwan said on Saturday it was closely monitoring the U.S. Supreme Court’s ruling on tariffs and the Trump administration’s imposition of a flat global tariff of 10%.

“While the initial impact on Taiwan appears limited, the government will closely monitor developments and maintain close communication with the United States,” the island’s cabinet said in a statement.

Trump’s new tariffs underscore Hong Kong’s advantages, city official says

These efforts would enable Taiwan to understand specific details of implementation and respond appropriately, it added.

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