TAIPEI (Taiwan News) — The Office of Trade Negotiations confirmed Friday that Taiwan’s tariff on US imports is calculated by adding a 20% tariff to the original most favored nation (MFN) rate.

The Trade Office explained that according to the July 31 executive order signed by US President Trump, tariffs are calculated by adding the country-specific rate from Annex 1 to the original MFN, per CNA. Countries not listed receive an additional 10%.

The US has implemented special measures for the EU, capping combined tariffs at 15% for products with existing rates below that threshold, and exempting higher-rate items from stacking. This exception does not apply to other trading partners.

Under the latest update effective Aug. 7, Switzerland’s tariff is MFN plus 39%, India plus 25%, Vietnam plus 20%, the Philippines, Thailand, and Indonesia plus 19%, and South Korea plus 15%. Taiwan’s combined tariff rate is MFN plus a 20% tariff — but talks are still ongoing.

To support affected industries, the Cabinet has launched aid measures focusing on financial assistance, market diversification, and workforce protection. The Trade Office stressed that it continues to ask for more reasonable tariff rates.

Under the MFN tariffs, the rates are 6.7% for beverages and food, 0% for electronic materials, 4.1% for plastic products, 4.0% for machine tools, and 2.6% for molds, CNA reported. Since the new tariffs add 20%, for example, the final tariff for beverages and food would become 26.7%.