Taipei, April 6 -- Taiwan has no intention of retaliating against the 32 per cent tariff imposed by US President Donald Trump on Taiwanese goods, President Lai Ching-te said on Sunday, according to a report by Focus Taiwan.

Lai acknowledged the significant impact the tariff could have on Taiwan's economy but reassured the public, emphasising the country's strong economic fundamentals.

He pointed out that while 23.4 percent of Taiwan's exports were sent to the US in 2024, more than 75 per cent were directed to other markets. He also highlighted that 65.4 per cent of the goods exported to the US were competitive ICT products and electronic components, indicating the resilience of Taiwan's economy.

While addressing the nation, Lai said, "...