Taiwan Hopes for US Section 301 10% Tariff Plan, Welcomes Section 232 Cuts on Auto Parts and TimberA · FULL TRANSLATION
- Taiwan is hopeful about the proposed US Section 301 10% tariff plan
- It welcomes Section 232 tariff cuts on items such as auto parts and timber
- Signs point to favorable progress in Taiwan-US trade talks
- Affected industries could see lower export costs from tariff adjustments
- JETRO is reporting on and tracking the developments
Washington's use of Sections 301 and 232 as trade leverage is now routine, and Taiwan winning lower rates and specific cuts signals its rising weight in US supply-chain security strategy, especially in semiconductors.
For exporters, Section 232 cuts on auto parts and timber are a concrete plus for price competitiveness, but the Section 301 10% plan remains a hope, not a done deal. It reminds Japan that its own US-dependent industries are in a similar bargaining game with Taiwan, both partners and quiet rivals. As tariffs reshuffle global supply chains, should Taiwan and Japan negotiate alone or together?
According to JETRO, Taiwan is hopeful about the US Section 301 10% tariff plan now under consideration, and welcomes the direction of Section 232 tariff reductions on items such as auto parts and timber products.
Against the backdrop of the US recalibrating tariffs on various countries through multiple trade provisions, lower applicable rates or reduced duties on certain items would help Taiwan-related industries cut export costs to the US and maintain price competitiveness.
The report notes that most measures remain under deliberation or negotiation, with final rates and scope dependent on subsequent US decisions, and Taiwanese industry is closely watching the talks.