China, Taiwan Exports Surge Amid Tariff Uncertainty

China's exports grew by 8.1% year-on-year in April 2025, surpassing expectations despite ongoing tariff disputes with the U.S., although the trade balance narrowed as exporters absorbed some tariff costs or offered discounts. Meanwhile, Taiwan's exports surged nearly 30% in April, marking the 18th consecutive month of growth, driven by robust demand for AI-related products and a 90-day suspension of proposed U.S. tariffs, which contributed to record highs in ICT and electronic component shipments. Imports to Taiwan also rose by 33%, reflecting strong demand across information, communication, and machinery sectors, with notable increases from South Korea and ASEAN countries. Both China and Taiwan face uncertainties due to persistent trade tensions and the possibility of future tariff changes. Taiwan's Ministry of Finance warned that while export values may set records in the first half of the year, growth could slow in the second half due to policy and geopolitical risks. These developments underscore the resilience and adaptability of East Asian export economies amid global trade friction and evolving technology markets.