TAIPEI: Taiwan reported that Taiwan’s Ministry of Economic Affairs (MOEA) said that Taiwan will seek negotiations with the United States on tariffs to be implemented on steel and aluminum imports into the US, in a bid to protect the interests of Taiwanese exporters. The ministry will follow measures announced by the White House Thursday on the tariff issue and will demand that Washington enter talks with Taipei.
In addition, the MOEA said it will watch closely how other US trading partners will react to the tariff issues and will exchange views with them under World Trade Organization (WTO) guidelines.
According to the the MOEA, Taiwan’s steel product exports to the US totaled USD 1.3 billion in 2017, accounting for 13.16% of the total steel exports,
