Taiwan Exports Growth Nears 15-Year High Amid Tariff Uncertainty
Taiwan's exports resilience was on full display in May, growing at the fastest pace in nearly 15 years on likely frontloading as tariff uncertainty continues.
Shipments of goods rose 38.6% last month from a year earlier, beating market expectations thanks in part to a surge in exports to the U.S., official figures showed Monday. That was just above the peaks seen during the post-Covid reopening boom in 2021, and the strongest print since July 2010, according to data from LSEG.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
24 minutes ago
- Bloomberg
Chinese Carmakers Agree to Standardize Supplier Payment Periods
Several of China's state-owned automakers have pledged to standardize bill payment periods for their suppliers to 60 days after authorities raised concerns about supply chain financing. At least three carmakers, including Dongfeng Motor Group Co., Guangzhou Automobile Group Co. and China FAW Group Co. issued similar statements on Tuesday saying their payment plans are aimed at promoting efficient capital flows across supply chains in the automotive industry.


Bloomberg
43 minutes ago
- Bloomberg
Gloom Gathers Over Solar Companies in the US and China
Today's newsletter comes from our team in China, where solar manufacturers and investors are gathering at the world's largest fair for their industry in Shanghai this week. You can read more about the conference here. For unlimited access to climate and energy news, please subscribe. Help us improve Bloomberg newsletters: Take a quick survey to share your thoughts on your signup experience and what you'd like to see in the future.


CNN
an hour ago
- CNN
Ivory Coast strives to become a gateway for trade
With an expansive port and a booming cocoa industry, CNN explores how the west African country of Ivory Coast could become a central hub for trade throughout the continent.