TAIPEI (Taiwan News) — The Ministry of Economic Affairs is holding high-level talks with automakers and industry groups amid reports that tariffs on US-made cars may be eliminated as part of a Taiwan–US trade deal.

The ministry will convene an automobile industry forum on Tuesday, chaired by Minister of Economic Affairs Kung Ming-hsin (龔明鑫), with participation from the Taiwan Transportation Vehicle Manufacturers Association and nine major domestic automakers, per CNA. The 90-minute meeting will focus on Taiwan–US tariff issues.

The participating automakers include China Motor Corporation, Kuozui Motors, Yulon Motor, Yulon Nissan Motor, Ford Lio Ho Motor, Sanyang Motor, Honda Taiwan, Foxtron, and Cruise10. With the signing of the trade pact approaching, the industry is placing heightened importance on the forum, with many attendees expected to be at the chairman or general manager level.

Expected participants include Sanyang Motor Chairman Wu Ching-yuan (吳清源), Foxtron CEO Andy Lee (李秉彥), and Cruise10 Chairman Wu Kuang-i (吳廣義). Kuozui Motors will be represented by President Koyashiki Hirofumi, Yulon Nissan by President Yao Chen-hsiang (姚振祥), and Ford Lio Ho by President Chen Wen-fang (陳文芳).

Taiwan Transportation Vehicle Manufacturers Association Chairman Lee Chien-hui (李建輝) and Secretary-General Wu Chih-kuei (吳智魁) are also expected to attend. Labor Minister Hung Sun-han (洪申翰) is planning to hold a separate meeting with major automakers’ labor unions on Thursday.

Vice Premier Cheng Li-chiun (鄭麗君) is expected to travel to the US this week to sign the trade agreement, which may take place in the next day or two, per UDN. The deal will finalize the tariff rates for US-made car imports, which could drop to zero.