TAIPEI (Taiwan News) – Taiwan was among 20 trading partners listed by the US for priority talks about tariffs, according to a Bloomberg News report Saturday.
The Trump administration announced a 32% tariff in April on imports from Taiwan before initiating a 90-day discussion period, while a universal 10% tariff applied. The Bloomberg News report said sources noted the US was considering opening talks with various countries, including Taiwan.
Commerce Secretary Howard Lutnick said the intention was to reach agreements with some countries quickly. The first deals, including simple agreements that would hardly impact US foreign trade, could be models for later discussions.
The Trump administration list started with major economies holding large trade surpluses with the US, such as Japan, South Korea, and Vietnam, the report said. India and China were also mentioned, as was the UK, which signed a limited trade deal with Washington on Thursday.
The list also featured several smaller economies, such as Mauritius, Lesotho, Madagascar, Fiji, and Ecuador. Asian nations Indonesia, Malaysia, and Cambodia received a mention. Taiwan, Switzerland, Israel, Australia, and Argentina also featured on the Trump administration list, according to Bloomberg.
Talks were proceeding with the EU, Brazil, and the Philippines, though those economies were not mentioned on the US list, per CNA.