Taiwan Exports to US Surpass China Record to Hit Monthly High

Taiwan’s exports to the US topped the record for any month’s shipments to China, underscoring rapidly shifting East Asian supply chains.

The archipelago’s shipments to the US rose to $11.89 billion in August, data from the Finance Ministry in Taipei showed on Monday. That beat the previous high of $11.72 billion to China in 2021.

Also, Taiwan’s exports climbed to a record last month, coming in at $43.64 billion.

The new monthly record is partly the result of a yearslong campaign by the US to rewire Asian trade, highlighted by President Joe Biden’s sweeping tariff hikes on a ...