TAIPEI, April 3 (Reuters) - The Taiwan-U.S. partnership
is a driver of shared economic prosperity and central to supply
chain security and stability in the region, the American Chamber
of Commerce in Taiwan said on Thursday after U.S. tariffs were
announced.
U.S. President Donald Trump on Wednesday announced across
the board import tariffs, with much higher duties for dozens of
trading partners, including Taiwan which runs a large trade
surplus with the United States and will get a 32% tariff.
The U.S. tariffs do not apply to semiconductors, a major
Taiwan export.
In a statement, AmCham Taiwan said it continued to stress
Taiwan's "indispensable" role in the U.S. economy.
"AmCham Taiwan urges policymakers in both Washington and
Taipei to continue fostering this mutually beneficial
relationship," it said in a statement.
"In a time of growing geopolitical complexity, the
U.S.-Taiwan partnership is not only a driver of shared economic
prosperity but also central to supply chain security and
regional stability."
Taiwan's government has yet to respond to the tariffs. Both
Thursday and Friday are holidays in Taiwan.
Taiwan President Lai Ching-te said on Wednesday ahead of the
U.S. announcement that the island is an "indispensable" member
of the global supply chain and it would ensure its companies'
interests.
Taiwan government officials have repeatedly said trade with
the United States has been skewed by an insatiable demand for
Taiwanese technology products, such as advanced semiconductors
which is a sector that the island, home to major chipmaker TSMC
, dominates.
TSMC last month announced a new $100 billion investment in
the United States.
Taiwan has said it will cut some of its own import tariffs
and buy more U.S. energy to help balance trade.