Tariffs: Tariffs to Hit Old-Economy Firms Harder
TAIWAN, AUG 3 – Taiwan's traditional industries face severe challenges from U.S. tariffs due to low profit margins and limited ability to relocate production, unlike tech firms investing billions in the U.S.
Summary by Taipei Times
2 Articles
2 Articles
Tariffs set to hit local old economy industries hardest: Scholars - Focus Taiwan
Taipei, Aug. 2 (CNA) The U.S. tariff polices are expected to hurt Taiwan's old economy industries more than their tech counterparts as it is harder for the traditional industrial sector to relocate production to the American market to avoid the tariffs, according to economics experts.
·Taiwan
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Total News Sources2
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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