Deputy Trade Representative Yen Huai-shing (顏慧欣) yesterday said that the impact of the US’ proposed 100 percent tariff on semiconductors could not be accurately assessed yet, as Washington has not finalized its trade investigation.
Speaking at a Cabinet news conference, Yen said it remains unclear whether the potential tariff would apply only to end products or also include components and manufacturing equipment used in chip production.
US President Donald Trump on Wednesday said that the US would impose a tariff of about 100 percent on “all chips and semiconductors” from countries that do not manufacture chips in the US or do not plan to.
Photo: Fang Pin-chao, Taipei Times
Trump’s comments were not a formal policy announcement and he did not give any details.
The US Department of Commerce is still conducting an investigation under the Trade Expansion Act of 1962, which could lead to import taxes on semiconductors and other tech products.
Information and communications technology (ICT) products make up “a significant portion” of Taiwanese exports to the US and are included in the investigation, Yen said.
According to the Ministry of Economic Affairs, Taiwan’s ICT exports to the US — including graphics cards and servers — account for more than 70 percent of total shipments.
Yen’s made the comments after National Development Council Minister Paul Liu (劉鏡清) suggested that the tariff would likely have less impact on Taiwanese suppliers than many might expect, although he did not provide any concrete evidence.
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