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US is engaged in ongoing trade talks with the United States

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Ongoing trade talks with the USA
Ongoing trade talks with the USA

US is engaged in ongoing trade talks with the United States

As the deadline for tariff postponement approaches on July 9, 2025, Taiwan and the United States continue their negotiations in a bid to strike a favourable trade agreement. The ongoing discussions, described as progressing positively, have seen Taiwanese officials, including Vice Premier Cheng Li-chun and Minister Without Portfolio Yang Jen-ni, actively negotiating in the US [1].

The US had initially announced a 32% tariff rate for Taiwan, set to take effect on August 1, 2025. However, a 90-day postponement was granted to allow for negotiations [1][3]. The core mission of Taiwan's negotiators is to safeguard the national interest, public health, and food security [1].

From a national interest standpoint, Taiwan is focused on securing the best possible outcome in these negotiations to mitigate the potentially harsh impact of these tariffs on its exports and economy. The Taiwanese Ministry of Foreign Affairs has emphasized ongoing discussions are aimed at balancing trade interests and avoiding retaliatory tariffs that could harm Taiwanese industries [1].

Regarding public health and food security concerns, while the available information does not explicitly detail these topics in the Taiwan-US tariff negotiations, tariffs on food products and agricultural goods typically raise concerns about supply chain stability, affordability, and availability of food imports. Given Taiwan's reliance on food imports for domestic consumption, there is an implicit interest in maintaining tariff levels that do not jeopardize food security or increase costs for essential goods [1][3].

Political pundit Grace Woo suggested that Taiwan not receiving a tariff notification letter could be an indication of positive developments in ongoing discussions between Taiwan and the US [2]. President William Lai, too, emphasized that Taiwan seeks to maintain positive relations with the US based on mutual benefit [2].

In a 50-minute videoconference call held at midnight on Monday, President Lai held a call with Taiwan's negotiation team in the US [2]. The Executive Yuan, the executive branch of the government of Taiwan, confirmed the tariff negotiations [2].

Developments in these discussions will be announced to the public when available [2]. Meanwhile, fourteen nations, including Japan, South Korea, Malaysia, Indonesia, and Thailand, received tariff notification letters on Monday, with new tariff rates starting on Aug. 1 [2].

Grace Woo also expressed hope that lawmakers understand the importance of strengthening US-Taiwan relations [2]. President Lai expressed his gratitude for the months of work by the negotiation team [2].

As the countdown to the July 9 deadline continues, both Taiwan and the US remain committed to finding a solution that benefits both nations and ensures the stability of their trade relations, public health, and food security.

The ongoing negotiations between Taiwan and the United States in regards to the trade agreement have become a topic of interest in the general news, finance, politics, and business sectors. The Taiwanese government is actively working to safeguard the national interest, public health, and food security in these negotiations to avoid potential harm to their industries and economy.

Political pundit Grace Woo's recent statement suggests that the lack of a tariff notification letter could be an indicator of positive developments in the ongoing discussions between Taiwan and the US. If successful, these negotiations could help maintain positive relations between the two nations, as emphasized by President William Lai.

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