Summary
Taiwan exported more goods to the United States than China did for the first time in recent decades, according to December data from the U.S. Department of Commerce. This shift is driven by Taiwan's semiconductor industry, which plays a key role in the global supply chain.
Key Facts
- In December, U.S. imports from Taiwan were nearly $24.7 billion, a 22% increase from November.
- U.S. imports from China during the same month were $21.1 billion.
- The U.S. trade deficit with Taiwan was $146.8 billion in 2025, doubling the previous year’s figure.
- The U.S. trade deficit with China was $202.1 billion, even with tariffs in place.
- A recent trade agreement caps U.S. blanket tariffs on Taiwanese goods at 15%.
- Taiwan Semiconductor Manufacturing Company plans to invest over $250 billion in the U.S.
- Taiwan's economy grew by 8.63% in 2025, according to preliminary estimates.
- President Trump plans to visit Beijing in April to discuss trade with China's President Xi Jinping.
