Cho Jung-tai: Taiwan-US Have Signed ART, Final Mile to Ensure Preferential Treatment
Cho Jung-tai announced that Taiwan and the US have signed the ART (Agreement on Trade in Goods), emphasizing the importance of securing preferential treatment for Taiwanese industries and strengthening economic and trade cooperation. Besides ART, a Taiwan-US Investment Cooperation MOU and the Silicon Prosperity Declaration have also been signed. While ART establishes tariff exemptions for over 2,000 Taiwanese products, its finalization is pending due to changes in US tariff policy. Cho also expressed hope for early stabilization of the Middle East situation and recovery of supply chains.
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- 📰 Published: April 9, 2026 at 17:48
- 🔍 Collected: April 9, 2026 at 19:00 (1h 12m after Published)
- 🤖 AI Analyzed: April 15, 2026 at 18:36 (143h 35m after Collected)
Cho Jung-tai today, accompanied by Executive Yuan Deputy Secretary-General Ruan Zhao-xiong and Overseas Community Affairs Council Deputy Minister Li Yan-hui, met with the "38th North American Taiwanese Chambers of Commerce Joint Delegation for Returning Visits and Investment Inspections."
Cho Jung-tai stated in his address that in the past year, Taiwan and the United States have not only signed the ART, the Taiwan-US Investment Cooperation Memorandum of Understanding (MOU), but also the Silicon Prosperity Declaration, allowing Taiwan to stand alongside advanced nations on the same starting line for future key technologies.
He said that although the United States is currently seeking various legal tools for tariff conversion due to a Supreme Court ruling and has not yet reached the final stage, it is now the last mile. He hopes that through the joint efforts of the Taiwanese business community present and the government, Taiwan can ensure the relative preferential treatment for its government and industries under the ART, and strengthen various economic and trade cooperation between Taiwan and the US.
Taiwan and the US completed the signing of the ART in mid-February, establishing Taiwan's reciprocal tariff at 15% non-cumulative and Most Favored Nation (MFN) treatment under Section 232, and including tariff exemptions for over 2,000 products exported to the US. It was originally expected to be sent to the Legislative Yuan for review along with the Taiwan-US Investment Cooperation MOU signed in January. However, due to significant changes in US tariff policy, the US is currently rebuilding tariff legal means through Section 301 investigations and other methods.
Regarding the Middle East conflict, Cho Jung-tai said he hopes the situation in the Middle East will stabilize soon, allowing global political, military, political, and economic situations to return to normal. This would resolve issues concerning supply chains, raw material supply, energy supply, and wars, preventing further disputes and allowing the world to enter a more stable and peaceful process.
He also thanked the North American Taiwanese Chambers of Commerce Joint Delegation for its attention in recent years to issues such as the Taiwan-US Trade Agreement, the Agreement for the Avoidance of Double Taxation (ADTA), the Taiwan Allies Fund Act, and the Taiwan International Solidarity Act. They also assisted in the Hualien 0403 earthquake disaster in 2024 and counties and cities affected by typhoons last year. "We feel a very, very great warmth; our hearts are connected," he said. (Editor: Lin Hsing-meng) 1150409
Cho Jung-tai stated in his address that in the past year, Taiwan and the United States have not only signed the ART, the Taiwan-US Investment Cooperation Memorandum of Understanding (MOU), but also the Silicon Prosperity Declaration, allowing Taiwan to stand alongside advanced nations on the same starting line for future key technologies.
He said that although the United States is currently seeking various legal tools for tariff conversion due to a Supreme Court ruling and has not yet reached the final stage, it is now the last mile. He hopes that through the joint efforts of the Taiwanese business community present and the government, Taiwan can ensure the relative preferential treatment for its government and industries under the ART, and strengthen various economic and trade cooperation between Taiwan and the US.
Taiwan and the US completed the signing of the ART in mid-February, establishing Taiwan's reciprocal tariff at 15% non-cumulative and Most Favored Nation (MFN) treatment under Section 232, and including tariff exemptions for over 2,000 products exported to the US. It was originally expected to be sent to the Legislative Yuan for review along with the Taiwan-US Investment Cooperation MOU signed in January. However, due to significant changes in US tariff policy, the US is currently rebuilding tariff legal means through Section 301 investigations and other methods.
Regarding the Middle East conflict, Cho Jung-tai said he hopes the situation in the Middle East will stabilize soon, allowing global political, military, political, and economic situations to return to normal. This would resolve issues concerning supply chains, raw material supply, energy supply, and wars, preventing further disputes and allowing the world to enter a more stable and peaceful process.
He also thanked the North American Taiwanese Chambers of Commerce Joint Delegation for its attention in recent years to issues such as the Taiwan-US Trade Agreement, the Agreement for the Avoidance of Double Taxation (ADTA), the Taiwan Allies Fund Act, and the Taiwan International Solidarity Act. They also assisted in the Hualien 0403 earthquake disaster in 2024 and counties and cities affected by typhoons last year. "We feel a very, very great warmth; our hearts are connected," he said. (Editor: Lin Hsing-meng) 1150409
FAQ
What is the ART signed by Taiwan and the United States?
The ART is a trade agreement between Taiwan and the US that establishes tariff exemptions for over 2,000 Taiwanese products and grants Most Favored Nation (MFN) treatment.
Why is the finalization of ART being delayed?
The finalization is delayed due to changes in US tariff policy following a Supreme Court ruling, and the ongoing process of rebuilding tariff legal means.