For February, the ministry expects exports to rise between 16% and 20% on year. In January, Taiwan's exports to the United States rose 0.7% year-on-year to $8.46 billion, versus a 16% gain in the prior month.

If US President Trump acts upon his promise of 100% tariffs on Taiwanese made chips, global semiconductor supply chain disruption is likely to ensue.

Taiwan will support companies that plan to relocate to the United States, including helping them find partners, the economy ministry said on Monday, outlining assistance it will offer after U.S. President Donald Trump's new tariffs.