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  • 2 days ago
The US is easing tariffs on Taiwan as part of a trade deal, lifting duties on aircraft components and capping rates on auto parts and wood derivatives at 15%. The retroactive adjustments follow two months of bilateral talks.
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00:00The U.S. is easing some tariffs on Taiwan as part of a previously agreed trade deal.
00:05According to a U.S. federal notice, tariffs on Taiwan-made aircraft components containing
00:10aluminum, steel and copper have been lifted. It's also capping duties on auto parts and
00:16wood derivative products at 15 percent. Taiwan's cabinet says the adjustments followed two months
00:22of talks. The new rates will apply retroactively to goods imported from Taiwan since May 1.
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