Taiwan Offers US$2.6 Billion Package for Its Export Industries as Chip Tax Looms

TaiwanPlus News 2025-04-07

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Taiwan is rolling out a US$2.6 billion support package to help industries hit by the Trump administration’s new 32% tariffs on Taiwanese imports. Sectors like steel, machinery, automobile parts and home appliances are expected to be most affected. Semiconductors, Taiwan’s top export and a key pillar of its economy, have been spared for now, but Trump has warned that chip tariffs could be coming soon.

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