Taiwan meets with US for tariff talks in South Korea

16/5/2025 15:38

The main Taiwan and U.S. trade representatives met in South Korea for trade negotiations, yielding optimism that further talks would lead to reduced U.S. tariffs on Taiwan exports, the island's Vice-Premier Cheng Li-chiun said on Friday.



At a news conference marking Premier Cho Jung-tai's first year in office, Cheng said chief Taiwan negotiator Jenni Yang reported "good bilateral talks" in which both sides shared expectations of future Taiwan-U.S. economic cooperation and continued talks ahead.



The Taiwan government confirmed in a statement that Yang met with U.S. Trade Representative Jamieson Greer at the Asia-Pacific Economic Cooperation's trade meeting on Jeju Island.



"Taiwan is confident it can reach trade balance by increasing purchases from the U.S.," Cheng said, adding that the U.S. is now the top overseas investment destination for Taiwan.