TAIPEI (Taiwan News) — Tariff negotiations with the US will “definitely be possible” next month, Premier Cho Jung-tai (卓榮泰) said on Friday.

Speaking at the legislature, Cho said that a prepared negotiation plan focuses on the most beneficial outcome for Taiwan, per CNA. Cho said the government had a preparatory video call with the US on April 11 and would strive for a second meeting as soon as possible. 

Asked if the discussions could be completed before the end of May, Cho said they would likely discuss the issue that month.

The US placed a 32% tariff on Taiwanese imports in early April before lowering it to 10% for 90 days about a week later. On Wednesday, the Cabinet announced a NT$410 billion (US$12.6 billion) plan that is in part designed to mitigate the impact of US tariffs on the economy.

President Lai Ching-te (賴清德) on Tuesday said increasing imports of US natural gas and oil will be a focus in upcoming Taiwan-US tariff negotiations. Discussing the tariffs on Wednesday, Taiwan’s US envoy Alexander Tah-ray Yui (俞大㵢) said Taiwan is willing to buy more weapons, LNG, and agricultural products from the US.