Taiwan-US trade agreement: US tariff on farm goods sees major decrease with deal - News Summed Up

Taiwan-US trade agreement: US tariff on farm goods sees major decrease with deal


Taiwan-US trade agreement: US tariff on farm goods sees major decrease with dealBy Esme Yeh / Staff reporterThe average US tariff on Taiwanese agricultural exports has been lowered from 35.62 percent to 13.27 percent under the Taiwan-US Agreement on Reciprocal Trade signed in Washington on Thursday, reducing tariff costs by US$219 million, Minister of Agriculture Chen Junne-jih (陳駿季) said yesterday. For US agricultural imports, Taiwanese levies on 27 critical agricultural products stand, including rice, chicken, oyster, garlic, clams and red beans, Chen said. Tariff reduction for such items is expected to lower costs and increase consumer options, he added. Taiwan has a higher market share of these items domestically, while US products still compete mainly with imports from other countries, he said. For example, US tangerine imports are mainly used in processed fruit juice, while domestically grown tangerines are for fresh eating, he said.


Source: Taipei Times February 13, 2026 17:17 UTC



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