Premier Cho Jung-tai: Tariff Results Expected in July Following US Trade Investigations

Executive Yuan President Cho Jung-tai announced that following US public hearings on capacity and labor issues, the results of the Taiwan-US tariff negotiations are expected by July, aiming to restore previous trade benefits.
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  • 📰 Published: April 28, 2026 at 14:56
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(CNA, Taipei, 28th) The Taiwan-US Agreement on Reciprocal Trade (ART) has been affected by a US Supreme Court ruling. Consequently, the US government has initiated investigations under Sections 122 and 301 of the Trade Act. Premier Cho Jung-tai stated today that the US will hold two public hearings on April 28 and May 5, followed by explanations from both sides. "It is predicted that by around July, we can see if a final result is reached."

Taiwan and the US signed the ART in February. However, the US Supreme Court ruled on February 20 that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to levy tariffs. President Trump then shifted to Section 122 of the 1974 Trade Act, imposing a global 10% tariff plus existing Most Favored Nation (MFN) rates for up to 150 days, while launching a Section 301 investigation.

During a legislative interpellation, Democratic Progressive Party Legislator Wu Bing-rui asked when the tariffs would be determined as the business community is suffering from uncertainty. Cho replied that hearings regarding overcapacity and forced labor would conclude soon, after which Taiwan will provide factual explanations. He anticipates a final result by July as similar investigations are ongoing for other countries.

Wu noted that uncertainty is a major issue, especially for the automotive industry, where buyers are waiting for lower tariffs, causing a market slowdown. Cho emphasized that the government's primary goal is to provide certainty early and ensure the 15% non-stacking preferential treatment originally negotiated under ART is secured to support Taiwan's competitiveness. Cho promised to inform the industry and the public immediately upon any major breakthrough.