Taiwan says US tariff deal not final, calls 20% hit 'temporary'
THOMPSON CHAU, LAULY LI and CHENG TING-FANG
TAIPEI/KAOHSIUNG -- Taiwan on Friday said the 20% tariff imposed by the U.S. on the island's exports announced is only "temporary," and that the two sides are still negotiating a lower rate despite President Donald Trump's position that there would be no extensions to the negotiation deadline.
Taiwan's President Lai Ching-te said on Facebook that Taipei and Washington are still in talks on supply chain cooperation and issues related to Section 232 of the Trade Expansion Act of 1962, which allows the U.S. president to restrict imports of products that risk the country's national security.
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