Taiwan's computer, server, and component manufacturers are bracing for a heavy blow from a newly announced 32% US tariff, far above the 10% to 20% rise expected by research agencies, Taipei Times reported Friday, citing Ministry of Economic Affairs data.
These products were Taiwan's largest export category to the US, valued at $6.84 billion in February alone, the report said.
Semiconductor firms, including TSMC, are currently exempt following Taiwan Semiconductor Manufacturing's (TPE:2330) additional $100 billion US investment. To cushion the impact, Wistron, via its unit Wistron InfoComm (USA), is investing $50 million in new US manufacturing operations.
The US remains Taiwan's second-largest export destination, accounting for 23.4% of exports last year, the highest in 24 years, the publication said.
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