In Taiwan, pressure builds over US deal as critics question true cost of tariff cut

Taiwan’s opposition parties are stepping up criticism of the island’s government over a controversial economic deal with the United States, warning that what officials portray as a tariff win could carry heavy long-term costs for the island’s economy and industrial base. The cabinet on Tuesday released further details of the agreement, which allows Taiwan to secure a 15 per cent reciprocal tariff rate. The rate is down from a previously proposed 20 per cent and broadly in line with Japan, South...

Source: scmp.com at 1/20/2026 12:04:32 PM.

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