Taiwan’s opposition parties are stepping up criticism of the island’s government over a controversial economic deal with the United States, warning that what officials portray as a tariff win could carry heavy long-term costs for the island’s economy and industrial base.
The cabinet on Tuesday released further details of the agreement, which allows Taiwan to secure a 15 per cent reciprocal tariff rate.
The rate is down from a previously proposed 20 per cent and broadly in line with Japan, South…
In Taiwan, pressure builds over US deal as critics question true cost of tariff cut
