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U.S. Steel & Aluminum Tariff Remains at 50%,TIFI: “Taiwan's Fasteners Must Shift to Higher Quality & Differentiation”

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2026-03-09
     Taiwan and the U.S. have finalized the negotiation of reciprocal tariffs (now at 15%), but Taiwanese fastener sector is still subject to a 50% tariff under Section 232 provisions. Secretary-General Mr. Fang-Yi Yang of Taiwan Industrial Fasteners Institute (TIFI) stated that global steel exports to the U.S. face the same 50% rate; Taiwanese firms must compete via high quality, product differentiation, and international strategies. Yang noted the industry has been impacted before the negotiation and hopes the government can keep the stability of NTD exchange rate.
 
     Kaohsiung City Government highlighted that Kaohsiung has been Taiwan's fastener production hub, accounting for over 50% of the national output and with North America as a key market. The government is collaborating with industry associations for real-time impact assessment, guiding firms toward high-value, digital, and low-carbon development to boost global competitiveness.
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