US eases some tariffs on Taiwan to formalise trade agreement
The US is easing certain tariffs on imports from Taiwan as part of a trade agreement. This includes the removal of duties on aluminium, steel, and copper used in aircraft components. The decision comes amid rising tensions between the US and China regarding Taiwan's status.
- ▪The US is removing derivative aluminium, steel, and copper duties on aircraft components imported from Taiwan.
- ▪Sectoral levies on Taiwanese auto parts, timber, and wood products will also be modified, with a cap of 15 percent on combined rates.
- ▪These tariffs were initially imposed under Section 232 of the Trade Expansion Act of 1962 due to national security concerns.
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US eases some tariffs on Taiwan to formalise trade agreementSign up now: Get ST's newsletters delivered to your inboxA container ship is docked at Keelung Port in Keelung, Taiwan. The US is removing derivative aluminium, steel and copper duties from aircraft components imported from Taiwan.PHOTO: REUTERSPublished May 27, 2026, 11:51 PMUpdated May 27, 2026, 11:53 PMListenWASHINGTON – The Trump administration is removing some tariffs on imports from Taiwan to implement parts of a previously agreed trade deal with the US.The US will remove derivative aluminium, steel and copper duties from aircraft components imported from Taiwan, according to a notice posted in the Federal Register.Washington is also modifying sectoral levies on Taiwanese auto parts, timber, lumber and wood derivative…
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