Taiwanese auto parts suppliers face uncertainty as the U.S. imposes a 25% tariff on foreign-made auto parts. Companies weigh U.S. expansion, but rising costs and labor shortages pose challenges. Meanwhile, Taiwan’s aftermarket sector may benefit as insurers seek cost-effective solutions.
Taiwan’s manufacturing PMI rose to 54.2 in March, marking its second month of expansion despite U.S. tariff concerns. The service sector rebounded, and the government froze power rate hikes to support economic stability.
