Trump imposes a 32% tariff on Taiwan, causing significant impact on Kaohsiung's fastener exports to the United States.
The United States has imposed a 32% tariff on Taiwan, significantly impacting the fastener industry in Kaohsiung, where products like screws and nuts account for approximately 52.3 billion NT dollars in export value, which constitutes 92% of their exports to the U.S. Industry players are concerned that if Vietnam secures duty-free conditions, there will be an order transfer effect. The Kaohsiung City Government has established a "Countermeasures Task Force for Equivalent Tariffs" to assist companies in mitigating the impact. Furthermore, legislators have stated that they will work hard to reduce the influence of tariffs. Businesses are hoping for ongoing communication between the government and the U.S. side.