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.
Following a year of structural adjustments and market challenges in 2025, the Taiwan machine tool industry has welcomed a significant economic turnaround at the start of 2026. During the "TMTS 2026 and Machine Tool Industry Outlook Press Conference" held today (Jan 20), the Taiwan Machine Tool & Accessory Builders’ Association (TMBA) announced that the global industrial production cycle has entered a growth phase. Surging demand for high-precision equipment is being driven by semiconductor expansion, the energy transition, and a boom in aerospace and defense. Furthermore, with the official signing of the Taiwan-U.S. Reciprocal Tariff Agreement, Taiwan's machine tool production value and export profitability are set for a comprehensive recovery in 2026. This pivotal turning point will be spearheaded by the Taiwan International Machine Tool Show (TMTS 2026) in March, showcasing Taiwan’s robust resilience in smart manufacturing and its international competitiveness to the world.