Taiwan Firms Warn Subsidies Won't Be Enough To Weather U.S. Tariffs

TaiwanPlus News 2025-04-21

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Taiwanese businesses urge the Cabinet for a more comprehensive plan to manage potential blowback from the U.S.'s 32% tariff on Taiwanese exports, which have been paused for 90 days. An industry representative from New Taipei says "no amount of money" will be enough to avoid a crisis resulting from U.S. President Donald Trump's steep tariffs.

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