TAIPEI, March 27 (Reuters) - Taiwan is considering a
variety of responses to potential new tariffs from the United
States including increasing energy imports and reducing the
island's own tariffs to balance bilateral trade, government
officials said on Thursday.
Trump administration officials, including Treasury Secretary
Scott Bessent, have said that much of the reciprocal U.S. tariff
focus will be on 15 countries that have the highest trade
surpluses with the United States.
Bessent has referred to the countries as the "Dirty 15" but
has not named them.
According to U.S. Census Bureau data, Taiwan is one of the
15, along with countries such as China and South Korea plus the
European Union.
The tariffs are due to be announced on April 2.
Taking lawmakers questions in parliament, Taiwan's deputy
economy minister Cynthia Kiang said a specially created trade
task force had "preliminary plans" to increase energy product
imports from the United States, to boost energy cooperation with
the U.S. and enhance natural gas supply stability.
Taiwanese state energy firm CPC Corp earlier this month
signed an agreement with Alaska Gasline Development Corp to buy
liquefied natural gas and invest in the project, a move Taiwan's
President Lai Ching-te said would ensure the island's energy
security.
Kiang, when asked if car tariffs would be reduced given
Trump's announcement of a 25% tariff on auto imports, said that
the task force had "already drafted relevant plans."
Speaking at the same parliament committee session, Taiwan
Finance Minister Chuang Tsui-yun said that import tariffs on
health supplements and other products would also be reduced.
Taiwan's central bank on Wednesday defended the island's
trade and currency record, saying the high current account
surplus was a structural problem and Washington understood that.
Taiwan runs a large trade surplus with the United States,
which surged 83% last year, with the island's exports to the
U.S. hitting a record $111.4 billion, driven by demand for
high-tech products such as semiconductors, a sector Taiwan
dominates.