Opportunity for Taiwanese suppliers
Taiwanese auto component suppliers are intensifying efforts to capitalize on the 15% tariffs imposed by the United States on cars manufactured in China. This situation offers a significant opportunity to increase their market share in the USA.
The increase in tariffs makes Chinese products less competitive, creating an advantage for Taiwanese companies that can offer more affordable alternatives.
Expansion in the United States
Many Taiwanese companies are considering opening new production facilities or expanding existing ones in the United States to meet growing demand. This will allow them to reduce delivery times and be more responsive to the needs of the local market.
Implications for the sector
This trend could lead to a reorganization of the global automotive supply chain, with increased component production in countries other than China. Taiwanese suppliers are well positioned to benefit from this change, thanks to their experience and their ability to offer high-quality products.
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