President Lai Ching-te received the delegation of the Taiwan Machine Tool & Accessory Builders’ Association (TMBA) this afternoon (the 20th). During the meeting, the President announced that tariff negotiations between Taiwan and the United States concluded last Friday, finalizing a reduction of tariffs on Taiwanese exports to the U.S. to 15% without cumulative surcharges. This development provides robust support for the industry. President Lai expressed his hope that all Taiwanese industries will align with the nation’s strategic direction to create win-win outcomes, enabling businesses to remain rooted in Taiwan while expanding their global footprint and marketing to the world.