President Trump’s announcement on Thursday of a new tariff rate of 20 percent on Taiwan’s exports to the United States comes when ties between Taipei and Washington are already particularly strained.

The United States has imposed a 20% tariff on most goods from Taiwan, effective next week. The rate is lower than the 32% announced in April but remains higher than the 15% set for Japan and South Korea.

Taiwan said its negotiators are drafting a joint statement with the US on their bilateral trade deal, appearing to make some long-awaited progress just a day ahead of Donald Trump’s tariff deadline.

With President Donald Trump's dramatic tariff hikes on the cusp of starting, countries around the world scrambled on Thursday to finalize their trade frameworks with the United States, figure out the tax rates their goods might face and prepare for the unknown.

U.S. President Donald Trump’s new tariff rates of up to 41% on U.S. imports from dozens of countries drew expressions of relief Friday from some countries that negotiated a deal or managed to whittle them down from rates announced in April.

Trump says India will pay a tariff of at least 25% India also faces penalty for buying energy from Russia Trump says US and India are still in trade talks US is unveiling trade deals ahead of Aug. 1 tariff hikes Today’s tariffs on India follow a series of trade moves Trump has taken against both the US allies and rivals.