Taiwan has secured preferential treatment for its semiconductor exports under a January trade deal with the US, ensuring favourable terms should future Section 232 tariffs be imposed. While the US has indicated potential tariffs on chips, no concrete timeline exists, according to Taiwan's vice premier.

The Trump administration cut US tariffs on Taiwan from 20% to 15% as part of a reciprocal trade deal that includes $250B in semiconductor investments.

Taiwan has secured preferential treatment for its semiconductor exports under a January trade deal with the US, ensuring favourable terms should future Section 232 tariffs be…

Vice Premier Cheng Li-chiun says Section 232 tariffs waived on auto parts, timber and aircraft components with retroactive effect from May 1