TAIPEI: Taiwan’s government is planning to send a high-level official from the Ministry of Economic Affairs (MOEA) to the U.S. to negotiate for the exemption of the country’s steel and aluminum exports from recently announced tariffs, according to an unnamed official from Taiwan’s representative office in the U.S.
The official, who spoke on condition of anonymity, said that the visit will take place before March 23, which is when the tariffs will go into effect for any steel and aluminum imports into the U.S. from countries not on the exemption list.
The White House announced on March 8 that U.S. President Donald Trump signed an order under Section 232 of the Trade Expansion Act of 1962 to impose a 25 percent tariff on imported steel and a 10 percent tariff on imported aluminum.
The order makes it clear, however, that countries who wish to obtain a waiver to these tariffs are allowed to come up with “satisfactory alternative means” to address current trade inequities.
In the cases of Canada and Mexico, the only two countries that have been temporarily exempt from the get-go, this means complying with U.S. demands in renegotiation of the North American Free Trade Agreement.
The day after the U.S. announced the tariff plan, the ministry issued a statement noting that it would seek negotiations with the U.S. on this matter.
