US President Trump's 145% tariffs on China have raised concerns in Europe about possible dumping by China, and Taiwanese screw, rod, and wire rod manufacturers are also paying close attention.

Statistics showed that China's exports of fasteners and hand tools to Europe increased significantly in March. Market participants believed that this was because Chinese manufacturers were rushing to capture the European market before the tariffs were imposed.

Looking back at the first US-China trade war in 2018, China shifted its exports to the US to Europe, causing increased pressure on the European market. Fastener exports of Taiwan and China both grew in March, but China's growth rate far exceeded that of Taiwan. In terms of sales to Europe, China's annual growth rate was also significantly higher than that of Taiwan. The export situation of hand tools was similar. China's exports and exports to Europe were greater than Taiwan's.

Market participants thought that China's sharp increase in exports in March was related to expected high tariffs imposed by the US, and there have been signs of dumping to Europe, so Taiwanese manufacturers need to respond with caution.