Trump's 32% tariff will impact the Kaohsiung fastener industry! The city government announces the establishment of a cross-departmental task force to actively respond.
- byVic

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To respond to the impact of U.S. tariff policies on the fastener industry, Kaohsiung City has established a cross-departmental task force to develop countermeasures. According to the latest policies, Taiwan faces tariffs as high as 32%, affecting the export of metal processing products, especially in the fastener industry. The metal processing output in Kaohsiung City reaches NT$ 233 billion, of which NT$ 56.4 billion is exported to the U.S., with the fastener industry accounting for NT$ 52.3 billion, facing significant challenges. Therefore, the city government will cooperate with central policies, integrate resources from various departments, and establish the "Cross-Equal Tariff Economic Response Task Group" to mitigate the impact on businesses. Measures will include the establishment of an industry communication platform and the formation of a workers' care group. Mayor Chen Chi-mai emphasized that the government must continue to communicate with the U.S. to safeguard the interests of Taiwan's industries.
In response to the impact of tariffs on the fastener industry, Kaohsiung City has established a cross-departmental task force to address the issue. The recent tariff policy announced by the U.S. President will have a significant impact on the global economy, and Taiwan is facing a heavy tax rate of 32%. Although steel, pharmaceuticals, and semiconductors are temporarily exempt, Kaohsiung's fastener industry will still be considerably affected. The value of metal processing products in Kaohsiung is approximately 233 billion, of which 56.4 billion is exported to the U.S., with the fastener industry accounting for as much as 90% of exports. Therefore, the Kaohsiung City Government has formed a cross-departmental task force aimed at developing response strategies to mitigate the impact.
According to reports, in order to cope with this tariff impact, the Executive Yuan recently announced at a press conference that it will invest 88 billion to alleviate the effects, and the Kaohsiung City Government will also cooperate with central policies to integrate multiple departments and establish a special task force, hoping to assist local enterprises through this difficult time. Within the scope of reciprocal tariffs announced by Trump, Taiwan's tax rate is 32%, in addition to a 10% import duty, while some items may be temporarily exempt. In this tariff adjustment process, the metal processing product industry is one of the most affected sectors. According to statistics, the value of Kaohsiung's relevant metal processing output is about 233 billion, with the value of products exported to the U.S. approximately 56.4 billion, accounting for 24% of the total output. Among these, the value of fasteners exported to the U.S. reaches 52.3 billion, accounting for 92% of exports.
Additionally, although the semiconductor industry is not within the scope of this tariff adjustment, exports of servers and computer components to the U.S. may still be affected, requiring attention to the potential impact of final product demand on the semiconductor industry. In terms of agricultural products, the export volume of guava from Kaohsiung to the U.S. is not large, and the contributions of export guava and pineapple are also relatively limited; meanwhile, fishery products such as tilapia are the main export items. In the phase of taxing imported U.S. goods, Taiwan's tilapia will have the advantage of product traceability and food safety assurance. Relevant departments are also formulating subsequent strategies, and the city government will actively assist agriculture, fisheries, and related businesses in reducing the impact of tariffs.
The mayor expressed hope that the central government will continue to communicate with the U.S. to ensure Taiwan's national and industrial interests. To support businesses in coping with this tariff impact, the Kaohsiung City Government has established the "Task Force for Economic Response to Reciprocal Tariffs" and proposed several measures, including the establishment of an industry connection platform, the formation of an industry advisory group, and the establishment of a labor care group to help businesses mitigate the impact of U.S. tariffs.
- Establish an industry connection platform, collaborating with industry associations and park service centers to understand the scope of the impact and develop response plans.
- Create an industry advisory group to organize cross-departmental cooperation, assisting enterprises in seeking policy support from the central government, providing guidance on technological upgrades and market diversification.
- Set up a labor care group to ensure labor rights, provide employment matching services, and stabilize employment conditions.