Sunday, June 29, 2025

Taiwan-US Trade Talks Conclude Second Round

Date:

Taiwan concluded the second round of Taiwan-US trade talks last week in Washington, D.C. The Taiwan Office of Trade Negotiations announced the outcome on Sunday. Vice Premier Cheng Li-chun and chief negotiator Yang Jen-ni led the Taiwanese delegation. They traveled to the U.S. capital to hold in-person discussions.

This round followed the first face-to-face Taiwan-US trade talks held in May during the APEC 2025 conference in South Korea. Taiwan expressed confidence in building stronger trade relations with the U.S. during that event. Both rounds aimed to deepen economic and trade cooperation.

Besides the Office of Trade Negotiations, officials from the Ministry of Economic Affairs, Ministry of Agriculture, Ministry of Health and Welfare, and National Security Council joined Taiwan’s team. They focused on addressing various trade concerns and opportunities. During the talks, both sides agreed on managing tariffs and reducing non-tariff trade barriers.

They also explored ways to enhance supply chain resilience. The talks highlighted Taiwan and the U.S. as strategic partners in trade and critical technology supply chains. In March, the U.S. imposed tariffs on some Taiwanese products, reaching up to 32%. However, the U.S. government temporarily suspended these tariffs for 90 days starting in early April.

During this period, it kept a lower tariff rate of 10%. The suspension will expire on July 9. The recent Taiwan-US trade talks built a solid foundation for boosting bilateral investment. Both countries committed to promoting balanced trade relations. They also aim to create new economic opportunities across multiple industries.

Additionally, U.S. officials confirmed they reached trade agreements with several countries but did not specify which ones. The White House plans to release detailed statements on these agreements soon. Overall, the Taiwan-US trade talks mark a positive step toward strengthening the economic partnership. Both sides will likely continue discussions to enhance cooperation and mutual growth.

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