US cuts Section 232 tariffs to 15% boosting Taiwan auto parts competitiveness

, Taipei

May 28, 2026, 11:52 0

Credit: DIGITIMES

The US reduced Section 232 tariffs on Taiwan auto parts from 27.5% to 15%, a move that Taiwan auto parts manufacturer Tong Yang Industry said would improve competitiveness and restore parity with rivals in Europe, Japan and South Korea. Tong Yang described...

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