Taiwan and US Trade Talks Continue Amid Tariff Legal Uncertainty

TaiwanPlus News

Taiwan’s economy minister Kung Ming-hsin says trade talks with the US are continuing amid uncertainty over tariffs, as the Supreme Court weighs limits to the President’s powers. However, their potential decision would not affect Section 232 tariffs, which could still hit many of Taiwan's top exports, including semiconductors.

Transcript

00:00Economy Minister Gong Minxin says trade talks with Washington are continuing, even as the

00:05U.S.'s top court weighs limits to President Donald Trump's tariff powers.

00:09We must continue to talk with the U.S. Trade Expansion Act.

00:25Section 232 of the U.S. Trade Expansion Act affects most of Taiwan's top exports, especially

00:31chips.

00:32Gong said that Section 232 negotiations are the government's current focus.

00:36The U.S. Supreme Court recently heard oral arguments on whether Trump exceeded his powers

00:40by imposing so-called reciprocal tariffs on many countries, including a 20 percent rate

00:45on Taiwan.

00:47But even if the court cancels those blanket rates, it would not affect any levies imposed

00:51through Section 232.

Category

Transcript

Be the first to comment

Recommended