The U.S. has no timetable for levying Section 232 tariffs on semiconductors but preferential terms have already been agreed under a January trade deal, Taiwan Vice Premier Cheng Li-chiun said on Thursday.
The U.S. is removing or cutting some tariffs to 15% on Taiwanese imports as part of a bilateral trade deal reached in January, covering goods including auto and aircraft parts, wood and steel, according to a notice on the Federal Register. The tariff move is, in effect, retroactive from May 1 and will be officially published on Thursday U.S. time, according to the notice.
