Trump imposes a 32% tariff on Taiwan, severely impacting Kaohsiung's hardware industry.
The United States has imposed a 32% tariff on Taiwan, impacting the fastening industry in Kaohsiung, which includes screws and nuts, with an export value of approximately 52.3 billion, accounting for 92% of its market in the U.S. Industry players are concerned that if Vietnam receives zero tariffs, it will affect the flow of orders. The Kaohsiung City government has established a task force to help alleviate the tariff impact on businesses. Legislators have also expressed support, hoping to reduce the impact. Currently, businesses are mostly in a wait-and-see mode, expecting the government to continue communicating with the U.S. side.