Taiwan’s trade surge accelerated in September with a 28% growth in exports to reach a new record. That parallels South Korea’s record-breaking performance for the month. The growth in Taiwan was driven by a 47% jump in shipments to Asia outside of China, underscoring the importance of the broader Asian supply chain in trade growth. Accelerating exports to the U.S. raise the risk of trade protectionist actions from the Trump administration, with year-to-date exports by Taiwan rising 11% vs. imports that fell 7%. Yet, the risks may be low for now. A formal process of talks has yet to start...
Supply Chain Research
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