financetom
Economy
financetom
/
Economy
/
Taiwan, still without a tariff deal, talks trade with US at APEC
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Taiwan, still without a tariff deal, talks trade with US at APEC
Oct 30, 2025 8:22 AM

GYEONGJU, South Korea, Oct 30 (Reuters) - Taiwan's top

trade negotiator said on Thursday that she had met with a senior

U.S. trade official on the sidelines of the APEC summit in South

Korea, but could not provide any details of what they discussed.

Taiwan's exports to the United States are subject to a 20%

tariff, though Taiwan has been in negotiations to get that

reduced, which have yet to conclude. Semiconductors, a key

Taiwanese export, are currently excluded from the tariffs.

Jenni Yang told reporters in South Korea's Gyeongju, where

the Asia-Pacific Economic Cooperation (APEC) summit is taking

place, that she had had "exchanges" with Deputy United States

Trade Representative Rick Switzer.

However, she said that she could give no details and that

the content of the talks would be released in due course.

The United States Trade Representative Office did not

immediately respond to a request for comment sent outside of

Washington office hours.

Taiwan, which dominates the production of advanced

semiconductors powering the AI boom, has rejected a proposal

floated in U.S. media last month by U.S. Secretary of Commerce

Howard Lutnick for a 50-50 split in making chips.

But Taiwan has said it is considering forming a high-tech

strategic partnership with the U.S., which wants increased

Taiwanese investment.

Taiwan, home to the world's biggest contract chipmaker TSMC

, runs a large trade surplus with the United States.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Starbucks workers' union strikes across US as talks hit impasse
Starbucks workers' union strikes across US as talks hit impasse
Dec 21, 2024
(This Dec. 21 story has been corrected to remove the word 'contract', in paragraph 14) By Savyata Mishra, Gursimran Mehar and Renee Hickman (Reuters) - Some members of the Starbucks workers' union that represents more than 10,000 baristas walked off their jobs in multiple U.S. cities on Friday, citing unresolved issues over wages, staffing and schedules. The five-day strike, which...
Trump taps ex-Treasury official Miran as chair of Council of Economic Advisers
Trump taps ex-Treasury official Miran as chair of Council of Economic Advisers
Dec 22, 2024
WASHINGTON (Reuters) - Stephen Miran, who was an adviser for economic policy at the U.S. Treasury Department when Donald Trump was last in office, has been tapped by the president-elect as the chair of his Council of Economic Advisers, Trump said on Sunday. The White House Council of Economic Advisers advises the president on economic policy. ...
US Senate approves Social Security change despite fiscal concerns
US Senate approves Social Security change despite fiscal concerns
Dec 20, 2024
WASHINGTON (Reuters) - The U.S. Congress early on Saturday passed a measure to boost Social Security retirement payments to some retirees who draw public pensions - such as former police and firefighters - which critics warned will further weaken the program's finances. The Senate in a 76-20 bipartisan vote shortly after midnight approved the Social Security Fairness Act, which would...
EXCLUSIVE: Eric Trump Predicts Inflation Drop Through Energy Policies And Spending Cuts
EXCLUSIVE: Eric Trump Predicts Inflation Drop Through Energy Policies And Spending Cuts
Dec 21, 2024
Eric Trump, executive vice president of the Trump Organization and son of President-elect Donald Trump, recently shared his views on tariffs, inflation and Federal Reserve policy. Speaking exclusively with Benzinga‘s Bibhu Pattnaik, Eric Trump outlined his father's plans to address economic challenges, including energy costs, government spending, and international trade policies. On tariffs, Eric Trump dismissed concerns about their potential to drive...
Copyright 2023-2025 - www.financetom.com All Rights Reserved