Industry groups urge Legislature to expedite Taiwan-US trade deal reviewStaff writer, with CNASeven of Taiwan’s leading industry and commerce groups released a joint statement yesterday urging the Legislature to expedite its review of the “reciprocal” trade agreement signed in Washington on Thursday by Taiwan and the United States. The groups include the Chinese National Federation of Industries, the Chinese National Association of Industry and Commerce, Taiwan (CNAIC), the National Association of Small and Medium Enterprises, and the Taiwan Federation of Industry. The Manufacturers United General Association of Industrial Parks, the Taiwan Electrical and Electronic Manufacturers’ Association, and the Taiwan Chamber of Commerce & Industry also joined in issuing the statement praising the deal. The groups referenced the delay of the South Korean Legislature in enacting that country’s trade deal with the US, which prompted US President Donald Trump to announce a possible increase on the previously agreed-upon 15 percent tariffs. The Taiwan-US trade agreement caps US on Taiwanese goods at 15 percent and granted preferential market access to US industrial and agricultural exports, including automobiles, beef and pork.
Source: Taipei Times February 13, 2026 17:17 UTC