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Taiwan will be included in the first group of countries to hold talks with the United States regarding tariffs, President Lai Ching-te announced on Friday.
Lai assured that Taiwan would be well-prepared for the upcoming discussions, which are a part of the broader global tariff negotiations led by the U.S.
In his comments to business leaders in Taichung, Taiwan, Lai emphasized that the country is committed to strengthening economic and trade cooperation with the U.S. and sees the tariff talks as an opportunity to further these ties. Taiwan, a major producer of semiconductors, was initially set to face 32% tariffs as part of U.S. President Donald Trump's broader push to ramp up pressure on China.
The U.S. has recently announced a temporary reduction in the tariffs it imposed on dozens of countries, while focusing additional pressure on China. Nearly 70 countries, including Taiwan, have already reached out to the U.S. to begin negotiations on tariffs, with discussions expected to intensify in the coming weeks.
In a separate statement, President Lai suggested using zero tariffs as a basis for the talks with the U.S., offering to increase Taiwan's investments in the U.S. and buy more American goods as part of a potential agreement.
As Taiwan continues to face growing military and political pressure from China, which claims the island as its own territory, the U.S. remains Taiwan's most important international backer and arms supplier, despite the lack of formal diplomatic ties. Taiwan’s government has consistently rejected Beijing's claims, affirming that only the island’s people can decide their future.
An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resumption of commercial shipping through the sea passage and the lifting of an American naval blockade on Iranian ports.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 8th of August, covering the latest developments.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
Ukrainian President Volodymyr Zelenskyy said Ukraine is increasingly penetrating Russia's air-defence network, as both sides stepped up overnight strikes on energy, logistics and port infrastructure.
At least six people were killed and dozens injured in overnight Ukrainian drone strikes on Russia’s Belgorod region, while Russian missile and drone attacks killed two people in Kharkiv and injured eight others in Odesa, according to regional authorities.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of August, covering the latest developments.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
Bulgaria’s defence chief said on Sunday (9 August) there was no evidence that a drone, which entered the country’s airspace, was deliberately targeting Bulgaria.
Turkish Foreign Minister Hakan Fidan has raised the possibility of establishing a future joint defence framework involving countries in the South Caucasus, as Azerbaijan and Armenia move towards a final peace agreement.
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