Taiwan president discusses US tariff response with tech execs

Reuters - 05/04

Taiwan President Lai Ching-te met tech executives on Saturday to discuss how to respond to new U.S. tariffs, promising to ensure Taiwan's global competitiveness and safeguard the island's interests.

TAIPEI, April 5 (Reuters) - Taiwan President Lai Ching-te met tech executives on Saturday to discuss how to respond to new U.S. tariffs, promising to ensure Taiwan's global competitiveness and safeguard the island's interests.

President Donald Trump announced across-the-board import tariffs on Wednesday with much higher duties for dozens of trading partners, including Taiwan, which runs a large trade surplus with the United States and is facing a 32% duty on its products.

The U.S. tariffs, however, do not apply to semiconductors, a major Taiwanese export.

Lai met the executives at his official residence to discuss the response to "the global economic and trade challenges brought about by the reciprocal tariff policy", his spokes...
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