Taipei, April 27 -- Facing mounting pressure from new US tariffs, more than a quarter of Taiwanese businesses operating in China are considering closing their operations there, while half are preparing to shift investments to supply chains outside China, Straits Exchange Foundation (SEF) Secretary-General Luo Wen-jia said on Friday as per reports by Taipei Times.

Luo explained that the uncertainty began after US President Donald Trump, on April 2, imposed a 32 per cent tariff on imports from Taiwan. Although the implementation of the 32 per cent tariff was paused for 90 days a week later, a separate, universal 10 per cent tariff was immediately applied to most imports globally.

Further adjustments came on April 12, when the Trump admini...