Taiwan-US trade deal still in limbo, premier saysStaff writer, with CNATaiwan is awaiting official notification from the US regarding the status of the Agreement on Reciprocal Trade (ART) after the US Supreme Court ruled US President Donald Trump's global tariffs unconstitutional. Speaking to reporters before a legislative hearing today, Premier Cho Jung-tai (卓榮泰) said that Taiwan's negotiation team remains focused on ensuring that the bilateral trade deal remains intact despite the legal challenge to Trump's tariff policy. Premier Cho Jung-tai, center, speaks to reporters before a legislative hearing in Taipei today, as Vice Premier Cheng Li-chiun, right, looks on. The ART, signed on Feb. 12, established a 15 percent tariff on Taiwanese goods and included provisions exempting 1,735 categories of goods from "reciprocal" duties. In a swift countermove, Trump signed a proclamation invoking Section 122 of the Trade Act of 1974 to impose a global 15 percent tariff based on balance-of-payments authority.

Source: Taipei Times March 03, 2026 15:13 UTC