Reported about 6 hours ago
Taiwan's exports in October skyrocketed by 49.7% year-on-year, reaching $61.80 billion, the fastest growth rate in nearly 16 years, driven by a surge in demand for chips and AI technology. This performance exceeded economists' expectations, showcasing resilience against U.S. tariffs, with exports to the U.S. alone increasing by 144.3%. Despite the positive outlook, the ministry warns of uncertainties in the global economy due to evolving tariff policies and geopolitical risks.
Source: YAHOO