Business Chamber Chair: Premier Upbeat on Tariff Deal

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By TaiwanPlus

Premier Cho Jung-tai met with business chamber chair Hsu Shu-po, who said Cho appeared confident about securing a US-Taiwan tariff deal, with rates unlikely to exceed 20%. Their talks touched on challenges facing Taiwan’s US$480 billion service sector, including labor shortages, migrant workers, and tariffs. Cho also urged the legislature to pass next year’s national budget, warning that the delay is hampering the government’s policy agenda. The bill remains pending in the legislature.