Steel News

We strive to let you one step ahead of the market.

US tariff reduction on Taiwan boosts auto parts sector's export competitiveness

20 Jan 2026 16:20 reported by Ocean Qu

A A A
The US has reduced its reciprocal tariff rate on Taiwan to 15% without additional overlapping duties. Notably, Taiwan has also secured the most favorable treatment for certain products under Section 232, including auto parts, with a tariff cap not exceeding 15%.

Major auto parts supplier Tong Yang Group stated that this development benefits Taiwan's auto parts industry, enhancing its export competitiveness. Previously, many auto parts faced a combined duty of around 27.5% when exported to the US. Now aligned with the 15% rate applied to competitors like Japan and South Korea, Taiwan's position is significantly strengthened.

Beyond auto parts, Taiwan obtained optimal Section 232 terms for items such as wood products and certain aerospace components. Additionally, both sides agreed to establish a consultation mechanism for potential future 232 investigations.

Back to Steel News

Related News

International crude oil prices plummet on May 6

  • Others
  • 7 May 2026 15:25

Green trade takes center stage at 2026 Taiwan International Fastener Show

  • Others
  • 22 Apr 2026 16:50

China's real estate investment drops 11.2% in Q1 2026

  • Others
  • 22 Apr 2026 12:15

Taiwan's fastener exports rebound in Mar m-o-m, overall remain under pressure

  • Others
  • 17 Apr 2026 14:02

International crude oil prices keep rising on Apr 16

  • Others
  • 17 Apr 2026 13:45

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

Learn more