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Archive for the ‘Taiwan’ Category

Taiwan Strengthens Trade Resilience Ahead of U.S. Tariff Announcement

News, Taiwan

March 30, 2025

Taiwan is proactively preparing for potential shifts in global trade as the U.S. moves forward with reciprocal tariff measures. President Lai Ching-te convened a high-level meeting with senior officials to discuss strategies that will ensure the continued strength and stability of Taiwan’s trade sector.   With the U.S. administration set to announce new trade policies […]

Taiwan and U.S. Strengthen Economic Ties with Trade and Energy Discussions

Economic Relations, News, Taiwan, United States

February 20, 2025

Taiwan and the United States continue to build strong economic ties, with ongoing discussions to enhance trade cooperation and explore new business opportunities. A key focus is on diversifying imports, particularly in the energy sector, as Taiwan considers increasing its purchases of U.S. liquefied natural gas (LNG) to support a more balanced trade relationship.   […]

Taiwanese Electronics Firms Plan Major Expansions in Texas, Boosting U.S. Trade Opportunities

News, Taiwan, Trade

February 18, 2025

Taiwanese electronics companies are set to make significant investments in Texas, marking a new chapter in expanding U.S.-Taiwan trade relations. The announcements, expected to take place in May, are poised to further strengthen the economic ties between the two nations, especially in the tech sector.   Richard Lee, chairman of the Taiwan Electrical and Electronic […]

Taiwan’s President Engages in Strategic Dialogue on U.S. Trade Opportunities

Global Trade, News, Taiwan

February 13, 2025

Taiwan President Lai Ching-te is set to convene a meeting of the National Security Council on Friday to explore new trade opportunities and strengthen economic ties with the United States amid discussions on potential tariff adjustments, according to sources familiar with the matter.   The Taiwanese presidential office has not provided comments regarding the meeting. […]

Taiwan Strengthens Trade Ties with U.S. Through Business Expansion Support

International Trade Agreements, News, Taiwan

February 3, 2025

Taiwan is taking proactive steps to support businesses looking to expand into the United States, reinforcing its role as a key player in global trade. In response to recent tariff adjustments, the Ministry of Economic Affairs announced a comprehensive plan to help Taiwanese companies explore new opportunities in the U.S. market.   This initiative will […]

Taiwan’s Machinery Exports to the US Lead Global Trade Growth

Global Trade, News, Taiwan

January 20, 2025

Taiwan’s machinery exports reached new heights as shipments to the United States grew to $7.19 billion last year, surpassing the $6.86 billion sent to other key markets. This development highlights the resilience and adaptability of the machinery industry amid evolving global trade dynamics.   The increase in US-bound shipments reflects proactive measures taken by exporters […]

US and Taiwan Poised for Stronger Trade Relations Under Trump Administration

News, Taiwan, Trade Relations

January 15, 2025

The American Chamber of Commerce (AmCham) in Taiwan shared an optimistic outlook for U.S.-Taiwan relations as the incoming Trump administration takes office. The organization anticipates continued strong support for Taiwan, paving the way for enhanced trade and economic collaboration.   According to the 2025 AmCham Business Climate Survey, a significant 90% of members plan to […]

Taiwan’s Export Growth Signals Strength in Global Trade

Global Trade, News, Taiwan

January 9, 2025

Taiwan’s trade sector ended the year on a high note, with December exports surpassing expectations and showcasing the country’s pivotal role in the global market. Exports rose 9.2% year-on-year to $43.59 billion, driven by robust demand for semiconductors fueled by advancements in artificial intelligence (AI) and steady trade with key international partners.   This strong […]

Taiwan’s Robust Trade Growth in November Highlights Strength in Global Markets

International Trade, News, Taiwan

December 9, 2024

Taiwan’s export performance in November demonstrated the resilience and innovation of its trade-driven economy, with exports climbing 9.7% year-on-year to $41.09 billion, surpassing market expectations. This marks the 13th consecutive month of growth, underscoring Taiwan’s pivotal role in global trade.   Key contributors to this success included the flourishing artificial intelligence (AI) sector and a […]

EU and Mercosur Forge Historic Free Trade Agreement

Europe, News, Taiwan

December 6, 2024

The European Union and Mercosur, South America’s leading trade bloc, have reached a monumental free trade agreement, marking a new chapter in global economic collaboration. After over 20 years of negotiations, this milestone is set to expand market access, enhance trade ties, and stimulate economic growth for more than 700 million people across the two […]

Canada and Taiwan Strengthen Economic Ties with Landmark Investment Agreement

Canada, International Trade, News, Taiwan

November 29, 2024

In a significant move towards enhancing economic collaboration, Taiwan and Canada formally sealed a bilateral investment deal on Friday. This accord not only reinforces the Taiwanese government’s commitment to fostering business partnerships with like-minded democratic allies but also paves the way for potential inclusion in a major pan-Pacific trade pact.   Taiwan, seeking increased diplomatic […]

Taiwan’s Export Orders Surge, Driven by Strong Demand for AI and Technology

International Trade and Export, News, Taiwan

November 20, 2024

Taiwan has once again exceeded expectations, with export orders rising 4.9% in October, totaling $55.45 billion. This marks the eighth consecutive month of growth, driven by strong global demand for high-tech products, particularly in artificial intelligence (AI) and semiconductor industries. The country’s export strength underscores its pivotal role in the global trade ecosystem, especially as […]

Taiwan Assures Minimal Impact from Red Sea Disruptions on Trade

International Trade, News, Taiwan

February 5, 2024

Taiwanese companies appear to be weathering the disruptions in the Red Sea’s crucial shipping lane without significant impact, as these disturbances coincide with the traditional low season in export demand, according to Economy Minister Wang Mei-hua’s statement on Monday.   The Red Sea route has seen certain shipping companies suspending transit to avoid potential attacks […]

Taiwan’s Fourth Quarter Economic Growth Bolstered by Domestic Demand and Export Recovery

Economic Development, News, Taiwan

January 29, 2024

Taiwan’s trade-dependent economy is anticipated to have experienced accelerated growth in the fourth quarter of the year, largely attributed to robust domestic consumption and a resurgence in exports, according to a recent Reuters poll of 22 economists.   Gross domestic product (GDP) for the October-December period is expected to have expanded by approximately 4.35% compared […]

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