After questions were circling about U.S. tariff rates, we finally got our answer. On April 2, President Donald Trump announced reciprocal tariff rates, and one of the highest was with Taiwan at 32%. This is much higher than the 10% base rate that many countries were hit with,

Tariffs are an attempt by Donald Trump to reorder the global economy away from Chinese manufacturing. Taiwan is at the heart of the current system.

Taiwan's exports rose more than expected in March to a record level as customers placed orders ahead of expectations of U.S. tariffs, with uncertainty over global trade policy clouding the outlook.