In a significant move for Taiwan, President Lai Ching-te announced that the island will be among the first trading partners to engage in discussions with the United States regarding tariffs. This announcement, made on Friday, marks a pivotal moment in Taiwan's quest for deeper economic ties with the US.

This came shortly after US President Donald Trump revealed plans to temporarily lower tariffs imposed on numerous countries. These tariffs, which could have reached as high as 32% for Taiwan—home to the influential semiconductor industry—have sparked urgency among Asian nations to negotiate with Washington.

Lai made his remarks during a live broadcast to business leaders in Taichung, expressing confidence in Taiwan’s readiness for these discussions. "The government will be well prepared for this first batch of negotiations," Lai assured, emphasizing Taiwan's commitment to strengthening its economic and trade relationship with the US.

The interest from Taiwan comes at a critical time, as the US has reportedly been approached by nearly 70 countries looking to engage in tariff discussions. Lai proposed a visionary approach to negotiations, suggesting zero tariffs as a foundation, assuring that Taiwan is willing to increase its purchases and investment in the US.

As the home of TSMC, the largest contract chipmaker globally, Taiwan has long sought a free trade agreement with the US. This ambition is fueled by the island's need for economic security and resilience in the face of growing military and political pressure from China, which regards Taiwan as part of its territory.

Despite the lack of formal diplomatic ties, the US remains Taiwan's most significant ally and arms supplier. Taiwan’s government continues to assert that only its people can determine their future, reinforcing the island's determination to foster robust international collaboration amidst geopolitical challenges.