Trump Signals Tariff Shift on China: What Does This Mean for Taiwan?

As Trump hints at lower tariffs, what's the potential impact on US-China relations and Taiwan's tech industry?

In a significant development, former US President Donald Trump on April 22nd, signaled a potential shift in his trade stance towards China. He acknowledged that the existing 145% tariffs on Chinese goods were "too high" and indicated they would be "substantially lowered," although not to zero.

This unexpected announcement, delivered without any mention of the COVID-19 pandemic, highlighted his desire to approach China with a "very friendly" attitude, stating, "Now is the time to make a good deal that is fair to everyone."

The markets reacted positively to Trump’s comments, with the Dow Jones, Nasdaq, and S&P 500 all experiencing gains exceeding 2.5%. This was interpreted by many as a sign that Trump is attempting to mend broken negotiations with China.