2025
09 / 17
【ETtoday Finance Interview】 U.S. Reciprocal Tariffs Take Effect – Taiwan’s MIT Plastics Industry Finds New Opportunities Amid Challenges
U.S. Reciprocal Tariffs and Their Impact on the Plastics Industry
Taiwan’s plastic products exported to the U.S. are currently subject to a temporary reciprocal tariff averaging 24.6%, significantly lower than China’s 59.6%, Canada’s 38.3%, and Mexico’s 25%. While these tariffs pose challenges, Taiwan’s relatively lower rates give MIT plastics manufacturers a competitive edge and the opportunity to expand in the U.S. market.
According to government estimates, industries such as plastics, machine tools, agriculture, and fisheries are among the most affected. However, industry experts emphasize that MIT plastics can capitalize on the high quality and cost-effectiveness of “Made in Taiwan” products to strengthen their position in the U.S. market and raise international visibility.
To support industrial transformation, the Taiwanese government has pledged NT$93 billion to fund carbon reduction and smart manufacturing initiatives. Analysts point out that this period presents a critical opportunity for local companies to demonstrate competitiveness, optimize product features, and improve efficiency, seizing market opportunities even under tariff pressure.
Living Fountain’s Actions and Commitments
In response to the tariff challenges, Living Fountain is actively driving carbon reduction and smart transformation, aiming to enhance product competitiveness while lowering customer costs. Our chairman has also urged the government to continue supporting MIT products in public procurement, ensuring quality standards and helping SMEs grow in international markets despite global uncertainties.
Living Fountain remains committed to innovation and sustainability, consistently delivering plastic products that balance functionality, eco-friendliness, and quality. With this dedication, we support MIT Plastics in showcasing their strengths worldwide and serve as a trusted partner for global clients.
We sincerely appreciate the interview opportunity provided by ETtoday Finance.