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Trump's Tariffs at 15% Remain Constant as EU Invests NT$40 Trillion to Halve Rates

Trump's Tariffs at 15% Remain Constant as EU Invests NT$40 Trillion to Halve Rates

The tariff policy under former President Trump remains fixed at 15%, continuing to raise concerns over its impact on global trade. The European Union plans to invest NT$40 trillion in hopes of halving this tariff rate.

Meanwhile, Taiwan has concluded four rounds of trade negotiations with the U.S. and is entering a new phase of discussions. A report by the Chung-Hua Institution for Economic Research estimates that future tariffs could fluctuate between 15% to 20%.

On another note, the famine crisis in Gaza is severe, with ceasefire negotiations failing to advance as scheduled, worsening the situation.

Additionally, a joint statement from 28 countries condemns Israel's actions, and France has announced plans to recognize the state of Palestine, reflecting growing global concern over Middle Eastern issues.