Leading Taipei-based think tank the Taiwan Institute of Economic Research (TIER) says the country should still be able to hit its forecasted 3% growth rate for the year, despite looming U.S. tariffs. U.S. President Donald Trump is set to unveil his closely watched reciprocal tariff policy against countries that run a trade surplus with the U.S., which includes Taiwan.
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00:00Taiwan's exports outlook remains strong for its lucrative chips and electronics industry
00:05despite looming U.S. tariffs.
00:07U.S. President Donald Trump's tariff policy has shaken global markets, but leading Taipei
00:12economic think tank TIER says Taiwan should still be able to hit its 3 percent growth
00:17target for the year.
00:19Washington is set to unveil reciprocal tariff plans next week, targeting countries that
00:23run trade surpluses with the U.S., which includes Taiwan.
00:28Trump has also suggested a separate tariff on imported chips.