Taiwan president Lai: US tariff rate is 'temporary'
ReutersAug 1, 2025 12:22 AM
TAIPEI, Aug 1 (Reuters) - Taiwan's President Lai Ching-te said on Friday the 20% U.S. tariffs is "temporary" and the government will continue to strive for reasonable tariff rates and complete the final stage of negotiations.
Once an agreement is reached, the tariff rate is expected to be reduced further, Lai said in a post on Facebook.
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