Taiwan Exports and Imports Soar Ahead of U.S. Tariff Deadline

TaiwanPlus News

Both Taiwan's imports and exports have reached their second highest figures ever, mostly due to U.S. customers getting tech orders in ahead of U.S. President Donald Trump’s looming tariff hike.

Transcript

00:00Taiwan's trade is surging in the second quarter of 2025,

00:04as orders stack up for semiconductors and other tech products.

00:08It comes as the global supply chain anticipates the next round of US tariffs,

00:13first announced in April, then delayed by 90 days.

00:17With Taiwanese products facing a possible 32% levy in early July,

00:21assuming no deal is made before then,

00:24US buyers are getting their orders in before the hike.

00:27Our customers' reaction is that they have to get in Q3 before.

00:33We hope they can get in Q2.

00:36The Q3's demand is a bit more important for US customers.

00:41We will continue to communicate with customers.

00:44The trade surge is creating some big numbers for Taiwan,

00:47the producer of most of the world's most powerful chips.

00:50Both exports and imports hit their second highest figures ever in April,

00:55with almost US$50 billion in exports,

00:58around 80% of that the sale of semiconductors or other tech products.

01:02But it's not all good news.

01:04Freight and cargo companies, including major player EVA Air,

01:08are feeling the fallout of the US-China trade war.

01:11That's as shippers slam on the brakes to avoid the over 100% tariffs

01:16Beijing and Washington have thrown at each other.

01:18But with US and Chinese officials set to meet for trade talks in the coming days,

01:39and the beginnings of a US-UK trade deal emerging earlier this week,

01:44there could be hope yet on the horizon for a return to normalcy for global trade.

01:49Joseph Wu and Rhys Ayers for Taiwan Plus.

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