The focus of Trump’s tariff measures may soon extend beyond China, Mexico, and Canada, with Taiwan emerging as a likely target due to its large trade surplus with the US. While potential reciprocal tariffs may have a limited impact, a bigger concern would be restrictions on semiconductor imports—Taiwan’s key export sector. Given its dominance in global chip production, the short-term impact may be manageable, but the risks over the longer term are much bigger.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services