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Taiwan cabinet: Taiwan-US tariff talks complete, pending U.S. decision-making process
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Taiwan cabinet: Taiwan-US tariff talks complete, pending U.S. decision-making process
Jul 31, 2025 12:23 AM

TAIPEI, July 31 (Reuters) - Taiwan and the U.S. have

completed talks on tariff technicalities and have reached

consensus on issues including non-tariff trade barriers, with

the result pending the U.S. decision-making process, Taiwan's

cabinet said on Thursday.

Goods sent from Taiwan to the U.S. were targeted for

tariffs of 32% by U.S. President Donald Trump when he announced

his so-called "reciprocal" tariffs in April, but he later

declared a 90-day pause on the plan. Taiwan has been in tariff

talks with Washington since the announcement.

"Investment and purchase issues have also been discussed,"

said a spokesperson, adding that both sides have discussed a

joint statement.

A trade delegation led by Vice Premier Cheng Li-chun had

gone through four rounds of negotiations with U.S. officials,

including U.S. Trade Representative Jamieson Greer and Commerce

Secretary Howard Lutnick, according to a statement issued by

Taiwan's cabinet.

Taiwan has been seeking to strengthen its trade ties

with major partners, particularly the U.S., Taiwan's

second-largest trading partner after China, amid growing

geopolitical and economic challenges.

The outcome of the discussions could play a key role in

shaping the island's future trade strategy and its position in

the global supply chain, and is crucial to Taiwan's

export-driven economy.

(Reporting by Jeanny Kao and Faith Hung; Additional reporting

by Yimou Lee; Editing by Christopher Cushing and Lincoln Feast.)

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