Taiwan's economic affairs ministry has announced plans to support Taiwanese companies that may face challenges due to potential US tariffs. Taiwan plays a significant role in the production of cutting-edge semiconductor chips and electronics, with many of its companies operating factories in countries such as Mexico, Canada, and China, which could be impacted by new tariffs.
US President Donald Trump recently indicated a 'pause' on tariffs for Mexico and Canada after discussions with their leaders on Monday. In anticipation of potential changes in trade policies, the Taiwanese ministry has implemented various measures to assist local companies in adjusting their investment strategies, including the establishment of new factories in the United States.
