According to the Taipei Times, a beneficiary of the US-China trade war may be Taiwan. With tariffs of 10-25% on goods from China, some of Taiwan’s tech companies are exploring options of moving back to Taiwan – specifically the city of Taoyuan. Taoyuan is half an hour south of Taiwan and home to the Taoyuan International Aiport (Chiang Kai-Shek (CKS) Airport).
Several Taiwanese companies such as iPhone assembler Pegatron, laptop maker Compal Electronics and Apple supplier Inventec are adding capacity in Taoyuan. Even Quanta Computer is back in Taiwan seeking factory land.
30 years ago, Pegatron, Compal, Inventec and Quanta along with countless other Taiwanese companies moved to China due to lower production costs. In fact, 15 of the top 20 exporters from China to the US in 2016 initially originated from Taiwan.
If you have any questions how the 232 or 301 duties may impact your business, contact experienced trade law attorney David Hsu at 832-896-6288 or by email at firstname.lastname@example.org