Products made in Taiwan and sold directly to the United States might benefit, while Taiwanese companies with manufacturing facilities in China are likely to suffer
Taiwan News
Date: 2018/03/23
By: Central News Agency
TAIPEI (CNA) — U.S. President Donald Trump’s announced tariff plan targeting China
(Image by Flickr user Philippe Cabot)
could hurt Taiwanese companies with factories in China but benefit “made-in-Taiwan” (MIT) products, scholars predicted Friday.
The U.S.’s tariff plan is aimed at protecting the intellectual property rights of American high-tech companies and is expected to have a big impact on Taiwanese companies with factories in China, Chung-Hua Institution for Economic Research President Wu Chung-shu (吳中書) said.
Taiwanese companies are involved in every step of the supply chain in China, with some making their products in China before exporting them to the United States or Europe and others exporting semi-finished products to China before selling them to other countries, Wu said. [FULL STORY]
