Taiwan-US trade agreement: Quotas on US car imports to be lifted, but automakers unconcernedStaff writer, with CNATaiwan would lift its quotas on vehicles manufactured in accordance with US regulations and would eliminate tariffs on sedans imported from the US, under the terms of a bilateral trade deal signed in Washington on Thursday. Vehicles conforming to the US Federal Motor Vehicle Safety Standards would be exempt from import quotas, the Cabinet said yesterday. This “gives imported vehicles little edge” compared with mainstream models produced by domestic carmakers, which are mostly priced at NT$800,000 to NT$1.1 million, Wu said. While local consumers would appreciate having more options, in the long run, the share of imported vehicles could expand from 50 percent to about 60 percent, he said. The market share for domestically produced vehicles has steadily declined, dropping from 63.2 percent in 2015 to 51.3 percent last year, the data showed.

Source: Taipei Times February 13, 2026 21:47 UTC