U.S. tariffs on Taiwan goods set at 20%

Washington, July 31 (CNA) Taiwanese exports to the United States will be subject to a 20 percent tariff starting Aug. 7, according to an executive order signed by U.S. President Donald Trump Thursday.

● U.S. sets 20% tariff on Taiwan goods (update)

The 20 percent levy was the same as the tariffs imposed on Vietnam, Sri Lanka and Bangladesh by Trump. It was higher than the tariffs imposed on Japan, South Korea and the European Union (15 percent), as well as those on the Philippines (19 percent).

The announcement came one day before the Aug. 1 deadline for countries to reach agreements with the United States on tariff reductions.

Trump's tariff plan was first unveiled on April 2 as part of a sweeping package that included a proposed 32 percent duty on goods from Taiwan.

Implementation was initially delayed for 90 days -- pushing the deadline to July 9 -- and later extended again to Aug. 1.