Taiwan will help companies relocate to the US, help get them set up after Trump's tariffs

Taiwan will help companies relocate to the United States and help them find partners on US soil, following President Trump's new tariffs.

Taiwan will help companies relocate to the US, help get them set up after Trump's tariffs
Comment IconFacebook IconX IconReddit Icon
Gaming Editor
Published
1 minute & 30 seconds read time
TL;DR: Taiwan will support local companies relocating to the US in response to new tariffs imposed by President Trump. The economy ministry will assist in finding US partners and suggest investment locations. Taiwan's Industrial Technology Research Institute will promote R&D and manufacturing cooperation between Taiwanese and US companies.

Taiwan will be supporting local companies that want to relocate to the United States, helping them find partners on US soil, according to the economy ministry, offering assistance following President Trump's new tariffs.

Taiwan will help companies relocate to the US, help get them set up after Trump's tariffs 84

In a new report from Reuters, we're learning that Trump's new tariffs would see additional levies of 25% for goods imported from Mexico and Canada, with 10% tariffs on goods from China. They start this week, and now Taiwan -- with its companies being some of the key producers of technology products including semiconductors and electronic parts is vulnerable notes Reuters -- considering that many have factories in Mexico and China, as well as Trump's promised tariffs on foreign semiconductors.

Taiwan's economic ministry said in a statement that it would provide information for local companies that want to relocate, suggesting particular US states to invest in, the local laws, and help finding partners on US soil. Taiwan's Industrial Technology Research Institute branches in the US will also actively promote research and development, and manufacturing cooperation between Taiwanese and US companies, too.

The ministry said it would be keeping a close eye on any and all international trade changes, maintaining communication with companies to provide them with "the most timely support and assistance to ensure that they find the best strategies to cope with the changes".

Photo of the AMD Ryzen 7 9800X3D
Best Deals: AMD Ryzen 7 9800X3D
Country flag Today 7 days ago 30 days ago
$585.99 USD $479 USD
Buy
- -
Buy
$859 CAD $1380 CAD
Buy
$754.98 CAD -
Buy
£499 £466.90
Buy
$585.99 USD $479 USD
Buy
-
$929 AUD -
Buy
* Prices last scanned on 2/2/2025 at 5:22 am CST - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission from any sales.
NEWS SOURCE:reuters.com

Gaming Editor

Email IconX IconLinkedIn Icon

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

Related Topics

Newsletter Subscription