US says Taiwan's announcement that tariff negotiations are persevering with is correct
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- Interim tariffs charge is decrease than the unique
- It’s also a lot decrease than that of a number of different main buying and selling companions with ongoing negotiations
- We are able to interpret Taiwan’s supply as being properly acquired and being near last settlement
For some context, Taiwan earlier confirmed that they are going to be hit with a 20% “short-term” tariffs as they’re getting into into the “last stage” of negotiations with the US. If and when a proper settlement is struck, this charge can be lowered additional accordingly.
This text was written by Justin Low at investinglive.com.
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