20% tariff on Taiwan gives Japan, Korea an edge: Experts

Following Washington’s announcement of a 20 percent tariff on most Taiwanese exports, experts in both Taiwan and the United States on Friday weighed in on the implications of the rate being 5 percentage points higher than that imposed on Japan and South Korea, two of Taiwan’s key export competitors. The Taiwanese expert called on the government to gather domestic industries and figure out what bargaining chips Taiwan can play in future negotiations. The U.S. scholar expressed confidence that Taiwan’s competitive advantage would not vanish overnight due to the tariff adjustment.