Taiwan vowed on Friday to seek a lower tariff after Donald Trump imposed a "temporary" 20% levy on its shipments to the US.

Taiwanese exporters are responding with cautious pragmatism after the Trump administration announced a new 20% reciprocal tariff rate on Taiwan. The rate represents a reduction from the initially proposed 32%,

Taiwan vowed on Friday to seek a lower tariff after Donald Trump imposed a “temporary” 20 percent levy on its shipments to the United States as part of his trade war. The US president’s announcement was part of a sweep of measures — reaching 41 percent — against dozens of global partners as they scrambled for deals with Washington to avert the

Stocks across the globe closed lower Friday after President Donald Trump unveiled his plan for levying tariffs on trading partners, threatening to upend decades of international cooperation.

U.S. President Donald Trump's latest wave of tariffs on exports from dozens of trading partners, including Canada, Brazil, India and Taiwan, sent global markets tumbling on Friday as countries pushed for talks to clinch better deals.