Taipei, Aug. 2 -- The United States has imposed a 20 per cent tariff rate on goods from Taiwan, which is considered "temporary" by Taiwanese President William Lai, who expects further negotiations to secure a lower rate, Taipei Taiwan reported.

This move is part of the US's "reciprocal" tariffs aimed at reducing trade imbalances.

The tariffs on semiconductors, electronics, and information technology products will be determined separately under future US sectoral measures, as per Taipei Taiwan.

The rate set by the US was one of several so-called "reciprocal" tariffs imposed by US President Donald Trump, just hours before a deadline to finalise trade frameworks with his administration.

According to Taipei, Taiwan, the US initially propo...