TAIPEI, Taiwan—The United States and Taiwan signed a reciprocal trade agreement on Feb. 12, setting a 15 percent U.S. tariff on Taiwanese imports, while granting preferential access to Taiwan’s market for American industrial and agricultural goods, including beef, dairy, pork, wheat, and automobiles.
U.S. Trade Representative Jamieson Greer said in a statement that the signing will expand export opportunities to Taiwan for American farmers, ranchers, fishermen, workers, small businesses, and manufacturers.
“This agreement also builds on our longstanding economic and trade relationship with Taiwan and will significantly enhance the resilience of our supply chains, particularly in high-technology sectors,” Greer said….
US, Taiwan Reach Trade Deal to Cut Tariffs, Boost Purchases of US Goods
