Taiwan and the United States conclude the first round of "important" trade talks.

Taiwan and the United States concluded the first round of trade talks, described as "important," in a positive atmosphere, as announced by the Taiwanese government on Saturday, May 3.

A statement from the Taiwanese Trade Negotiations Office mentioned that the talks, held in Washington on Thursday, addressed several common issues, including tariffs, non-tariff barriers to trade, and other undisclosed points.

The statement noted that "the talks were frank and friendly, with both sides expressing their mutual expectations to enhance economic and trade cooperation between Taiwan and the United States, expressing their hope to establish a beneficial relationship for both parties."

This comes after U.S. President Donald Trump's decision last month to suspend the planned 32% retaliatory tariffs on Taiwan _a leading industrial force in the semiconductor field with a large trade surplus with the United States_ for 90 days.

The statement added that both parties agreed to continue consultations in the near future, "with the aim of actively seeking consensus and exploring further steps."

No additional details were disclosed about the tangible results of the talks, but official statements confirm the two countries' efforts to enhance their economic partnership despite existing challenges.