Taiwan says US has no timetable for chip tariffs, preferential terms already agreed
The U.S. has no timetable for levying Section 232 tariffs on semiconductors but preferential terms have already been agreed under a January trade deal, Taiwan Vice Premier Cheng Li-chiun said on Thursday.
The U.S. is removing or cutting some tariffs to 15% on Taiwanese imports as part of a bilateral trade deal reached in January, covering goods including auto and aircraft parts, wood and steel, according to a notice on the Federal Register. The tariff move is, in effect, retroactive from May 1 and will be officially published on Thursday U.S. time, according to the notice.
