Country exposure · TW

Taiwan
East N Southeast Asia · Taipei · semi-presidential republic
What Taiwan means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.

$201.4B
U.S. imports, 2025
+73.2%
change in one year
$54.8B
U.S. exports, 2025
24M
Population
$611.4B
GDP
In your house
What you buy that Taiwan makes
America bought $201.4B in goods from Taiwan in 2025 — up 73.2% in a single year. Of every $100 of it, here's where the money went.
Computers
laptops, desktops, monitors
Computer accessories
keyboards, drives, computer parts
Semiconductors
semiconductors and chips
Telecommunications equipment
phones, routers, networking gear
Electric apparatus
Other parts and accessories of vehicles
car parts and accessories
Industrial machines, other
Iron and steel, advanced
Industrial supplies, other
Toys, games, and sporting goods
toys, games, sporting goods
2026 so far (through April): $91.5B in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to Taiwan
$54.8B in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Semiconductors
$8.3Bsemiconductors and chips
Computer accessories
$7.2Bkeyboards, drives, computer parts
Industrial machines, other
$5.8BCrude oil
$5.6BComputers
$3.1Blaptops, desktops, monitors
Civilian aircraft, engines, equipment, and parts
$2.5BMeasuring, testing, control instruments
$2.0BTelecommunications equipment
$1.1Bphones, routers, networking gear
Meat, poultry, etc.
$1.0BWhere you stand
U.S. tariff posture toward Taiwan
Taiwan's reciprocal rate fell from the 32% assigned in April 2025 to a provisional 20% (effective August 7, 2025), and the U.S. and Taiwan then signed an Agreement on Reciprocal Trade on February 12, 2026 setting a 15% all-in tariff (inclusive of the MFN rate), most-favorable Section 232 treatment for semiconductors, and MFN-only treatment for roughly 2,072 items (~20% of Taiwan's exports), in exchange for Taiwan opening 99% of its market. Days later, however, Executive Order 14389 (Ending Certain Tariff Actions, Feb 20, 2026) terminated the IEEPA reciprocal duties, and Proclamation 11012 replaced it with a 10% Section 122 temporary import surcharge effective February 24, 2026 — stalling the freshly signed deal pending a non-IEEPA implementation path. Taiwan has no Section 232 steel/aluminum exposure; its central concern is the separate semiconductor Section 232 track.
Reciprocal tariff (assigned — terminated)
32%
The rate this country was assigned under the EO 14257 reciprocal Annex — no longer in force. The Supreme Court struck down the IEEPA tariffs and they were terminated February 24, 2026 (EO 14389), replaced by a universal ~10% Section 122 surcharge. See the timeline below for the current effective rate.
Policy in motion
Tariff status: a moving target
U.S. tariff policy toward Taiwan has changed 5 times since 2025. This page tracks it.
2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties effective February 24, 2026, replacing the reciprocal regime with a 10% Section 122 temporary import surcharge under Proclamation 11012 (capped at 150 days) — stalling the just-signed 15% Taiwan agreement pending a non-IEEPA implementation path.
91 FR 9437 →2026-02-12
U.S.-Taiwan Agreement on Reciprocal Trade signed
AgreementFormalizing a January 15, 2026 MOU, the U.S. and Taiwan signed an Agreement on Reciprocal Trade setting a 15% all-in tariff (inclusive of MFN), most-favorable Section 232 treatment for semiconductors, and MFN-only treatment for ~2,072 items (~20% of exports), in exchange for Taiwan reducing or eliminating 99% of its tariff barriers.
Source ↗2025-08-07
Provisional 20% reciprocal rate takes effect
In effectExecutive Order 14326 set the post-pause Annex I reciprocal rates; Taiwan's rate was set at a provisional 20% effective for goods entered on or after August 7, 2025 — which Taiwanese officials characterized as temporary while negotiations continued for a lower rate.
90 FR 37963 →2025-04-10
Elevated reciprocal rates paused to 10% for 90 days
In effectExecutive Order 14266 suspended the higher country-specific reciprocal rates — including Taiwan's 32% — back to the 10% baseline for 90 days to allow negotiations.
90 FR 15625 →2025-04-05
Reciprocal tariff regime begins — Taiwan assigned 32%
In effectExecutive Order 14257 imposed a 10% universal reciprocal duty effective April 5 and a higher country-specific rate of 32% for Taiwan scheduled to take effect April 9 under Annex I, with semiconductors temporarily exempted pending a separate Section 232 investigation.
90 FR 15041 →
Made for America
What Taiwan makes for America
Taiwan is a direct U.S. source of 12 essential goods Americans rely on — the items themselves, shipped finished off the line.
digital
45% of U.S.Servers and cloud hardware
$81.6B to the U.S.
digital
30% of U.S.Semiconductors and chips
$10.5B to the U.S.
digital
9% of U.S.Fiber optic cables and networking
$7.9B to the U.S.
digital
7% of U.S.Computers and laptops
$3.5B to the U.S.
materials
21% of U.S.Hardware & fasteners
$2.8B to the U.S.
materials
2% of U.S.Auto parts and repairs
$2.5B to the U.S.
digital
28% of U.S.Specialty chips
$1.9B to the U.S.
materials
5% of U.S.Steel and iron products
$1.3B to the U.S.
materials
12% of U.S.Power & hand tools
$1.2B to the U.S.
digital
6% of U.S.Memory and storage chips
$1.0B to the U.S.
materials
5% of U.S.Plumbing pipes and fittings
$1.0B to the U.S.
home
13% of U.S.Sporting goods & fitness equipment
$1.0B to the U.S.
Go deeper
The supply chain view
Taiwan sits upstream of 24 essential American goods through 12 tracked inputs.
manufactured
100%Console Custom APU / SoC
manufactured
92%AI Training GPU (H100/H200/B200 class)
manufactured
90%Advanced Logic Chips (CPU/SoC ≤5nm)
manufactured
88%Advanced Logic Wafer (TSMC N3/N4)
manufactured
88%Application Processor / SoC (A-series, Snapdragon)
manufactured
88%CoWoS Advanced Packaging (TSMC)
Reference
The country itself
East N Southeast Asia · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
First inhabited by Austronesian people, Taiwan became home to Han immigrants beginning in the late Ming Dynasty (17th century). In 1895, military defeat forced China's Qing Dynasty to cede Taiwan to Japan, which then governed Taiwan for 50 years. Taiwan came under Chinese Nationalist (Kuomintang, KMT) control after World War II. With the communist victory in the Chinese civil war in 1949, the Nationalist-controlled Republic of China government and 2 million Nationalists fled to Taiwan and continued to claim to be the legitimate government for mainland China and Taiwan, based on a 1947 constitution drawn up for all of China. Until 1987, however, the Nationalist Government ruled Taiwan under a civil war martial law declaration dating to 1948. Beginning in the 1970s, Nationalist authorities gradually began to incorporate the native population into the governing structure beyond the local level. The democratization process expanded rapidly in the 1980s, leading to the then-illegal founding of the Democratic Progressive Party (DPP), Taiwan’s first opposition party, in 1986 and the lifting of martial law the following year. Taiwan held legislative elections in 1992, the first in over 40 years, and its first direct presidential election in 1996. In the 2000 presidential elections, Taiwan underwent its first peaceful transfer of power with the KMT loss to the DPP and afterwards experienced two additional democratic transfers of power in 2008 and 2016. Throughout this period, the island prospered and turned into one of East Asia's economic "Tigers," becoming a major investor in mainland China after 2000 as cross-Strait ties matured. The dominant political issues continue to be economic reform and growth, as well as management of sensitive relations between Taiwan and China.

Geography
- Location
- Eastern Asia, islands bordering the East China Sea, Philippine Sea, South China Sea, and Taiwan Strait, north of the Philippines, off the southeastern coast of China
- Area
- 35,980 sq km
- Climate
- tropical; marine; rainy season during southwest monsoon (June to August); persistent and extensive cloudiness all year
- Terrain
- eastern two-thirds mostly rugged mountains; flat to gently rolling plains in west
- Natural resources
- small deposits of coal, natural gas, limestone, marble, asbestos, arable land
- Coastline
- 1,566.3 km
- Natural hazards
- earthquakes; typhoons volcanism: Kueishantao Island (401 m), east of Taiwan, is the only historically active volcano, but it has not erupted in centuries
People & society
- Population
- 23,600,776 (2025 est.)
- Nationality
- Taiwan (singular and plural)
- Ethnic groups
- Han Chinese (including Holo, who compose approximately 70% of Taiwan's population, Hakka, and other groups originating in mainland China) more than 95%, indigenous Malayo-Polynesian peoples 2.3%
- Languages
- Mandarin (official), Min Nan, Hakka dialects, approximately 16 indigenous languages
- Religions
- Buddhist 35.3%, Taoist 33.2%, Christian 3.9%, folk religion (includes Confucian) approximately 10%, none or unspecified 18.2% (2005 est.)
- Median age
- 45.1 years (2025 est.)
- Life expectancy at birth
- 81.6 years (2024 est.)
Economy
- Economic overview
- high-income East Asian economy; most technologically advanced computer microchip manufacturing; increasing Chinese interference threatens market capabilities; minimum wages rising; longstanding regional socioeconomic inequality
- Industries
- electronics, communications and information technology products, petroleum refining, chemicals, textiles, iron and steel, machinery, cement, food processing, vehicles, consumer products, pharmaceuticals
- Agricultural products
- rice, vegetables, pork, chicken, cabbages, milk, sugarcane, tropical fruits, pineapples, eggs (2023)
- Exports - partners
- China 20%, USA 17%, Hong Kong 13%, Singapore 9%, Japan 7% (2023)
- Imports - partners
- China 21%, Japan 13%, USA 11%, S. Korea 9%, Australia 5% (2023)
Government
- Government type
- semi-presidential republic
- Capital
- Taipei
- Constitution
- previous 1912, 1931; latest adopted 25 December 1946, promulgated 1 January 1947, effective 25 December 1947
- Executive branch
- President LAI Ching-te (since 20 May 2024)
- Legislative branch
- Legislative Yuan
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.
Introduction
Travel Facts
Please visit the following links to find further information about your desired destination.
World Health Organization (WHO) - To learn what vaccines and health precautions to take while visiting your destination.
US State Dept Travel Information - Overall information about foreign travel for US citizens.
To obtain an international driving permit (IDP). Only two organizations in the US issue IDPs: American Automobile Association (AAA) and American Automobile Touring Alliance (AATA)
How to get help in an emergency? Contact the nearest US embassy or consulate, or call one of these numbers: from the US or Canada - 1-888-407-4747 or from Overseas - +1 202-501-4444
Page last updated: Wednesday, October 04, 2023