Taiwan Steelmakers React Positively to Trump's 25% Tariff

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By Howard Chang/Joyce Tseng

Taiwan's industries association for steel and iron expects U.S. President Donald Trump's 25% tariff on all steel imports to put Taiwan on equal footing with its global competitors. Taiwan ranks in the top ten importers of steel to the U.S. and has faced a 25% tariff on its products since 2018. Meanwhile, concerns still loom over the U.S. president's pledge to tariff Taiwanese semiconductors.