Taiwan hopeful after reprieve


Taiwan was one of the relatively few parties that’s been making steady progress in its negotiations with the United States. — Bloomberg

TAIPEI: Taiwan has indicated that it is cautiously optimistic about talks with the United States after avoiding a letter from the Trump administration notifying trading partners of new tariff rates.

It would have been more favourable not to receive one of the missives, and getting one suggests a more difficult position in the talks, said a national security official in Taipei, who asked not to be identified discussing the sensitive matter.

Additionally, Taiwan was one of the relatively few parties that’s been making steady progress in its negotiations with the United States, the official added on Tuesday.

Still, the official said a final verdict on the talks would have to wait until the two sides produced concrete results. — Bloomberg

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

China limits trade-in subsidy for 2026 in hit to some carmakers
KKR bid to take Yomeishu private is derailed by top shareholder
Jasrinderjit Singh is new Lagenda CEO
Earnings resilience to set companies apart
EC rolls out transformation initiative
Loan growth expected to reach 5.7% in 2026
Official reserve assets total US$124bil, says BNM
NCT Alliance gets nod for acquisition
Foreign investors dump bonds amid rupee slide
Johor data centre water demand to accelerate

Others Also Read