Taiwan Vice Premier says preferential terms reached with the US under tariff and trade deal would not change, and that they will have proactive talks with the US to ensure their interests protected under deals already reached with Washington
Newsquawk Staff ·
Taiwan Vice Premier says preferential terms reached with the US under tariff and trade deal would not change, and that they will have proactive talks with the US to ensure their interests protected under deals already reached with Washington.
What it means
The statement from Taiwan's Vice Premier emphasizing that existing preferential terms with the US will remain unchanged hints at stability in US-Taiwan trade relations during a period of geopolitical tension. This could alleviate concerns in markets sensitive to trade dynamics, potentially supporting risk assets including equities, while further underline the importance of Taiwan's role in global supply chains, particularly for tech and semiconductors.
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