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Asian carmaker shares plunge as tariffs threaten supply chains

ohog5 by ohog5
February 3, 2025
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Asian carmaker shares plunge as tariffs threaten supply chains
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Taiwan’s authorities mentioned it could assist firms once they wanted to regulate provide chains in response to Trump’s tariffs.

“In 2024, Taiwanese funding tasks and exports to Mexico have been primarily associated to electronics manufacturing providers, and the vast majority of it’s destined for the US market,” the financial system ministry mentioned on Monday. “[We] will assist firms in allocating manufacturing strains and planning their investments relying on the scenario.”

The ministry mentioned it could organise delegations to this 12 months’s US funding promotion occasion SelectUSA — because it has performed beforehand. This may “assist Taiwanese firms get native authorities coverage assist once they arrange within the US market, and create a win-win enterprise mannequin for Taiwan-US provide chains”.

Taiwanese contract electronics producers, which dominate international server manufacturing, moved after Trump’s election to step up manufacturing within the US. Throughout Trump’s earlier time period some firms moved components of the server provide chain from China to Mexico and the US.



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