Source: China – South China Morning PostTaiwan’s export-reliant economy is under mounting pressure following US President Donald Trump’s declaration that Washington would impose a 100 per cent tariff on imported semiconductors – unless companies establish operations in the United States.
The latest blow came as a 20 per cent US tariff on Taiwanese goods took effect on Thursday, affecting a wide range of industries including machine tools, plastic goods, and agricultural exports such as orchids and seafood.
The dual tariff threats have…Read More