Taiwan’s President Lai Ching-te, on Monday, indicated that the first round of trade talks with the Trump administration has gone “smoothly.” That’s a hopeful note, especially given that Taiwan is a major manufacturer of semiconductors – which are essential in the operation of almost everything these days.
The first round of talks between representatives of Taiwan and the U.S. was held on Friday.
Taiwan’s first phase of tariff talks with the United States went “smoothly” and the government hopes to take this challenge as an opportunity to promote a new Taiwan-plus-the-United States layout for trade, President Lai Ching-te said Monday.
Major semiconductor producer Taiwan had been due to be hit with a 32% tariff by U.S. President Donald Trump, until he put all tariffs ex-China on hold for talks to take place.
Taiwan and the United States on Friday held their…